Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 125,523,000 | 127,171,000 | 134,376,000 | 133,927,000 |
| Total loans | 41,036,000 | 42,407,000 | 42,502,000 | 42,862,000 |
| Allowance for loan losses | 550,000 | 560,000 | 569,000 | 641,000 |
| Securities available for sale | 72,235,000 | 68,532,000 | 70,084,000 | 70,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,420,000 | 102,936,000 | 109,768,000 | 109,279,000 |
| Interest-bearing deposits | 86,830,000 | 86,015,000 | 86,816,000 | 89,619,000 |
| Noninterest-bearing deposits | 15,590,000 | 16,921,000 | 22,952,000 | 19,660,000 |
| Equity capital | 17,086,000 | 17,973,000 | 18,426,000 | 18,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,213,000 | 2,431,000 | 3,665,000 | 4,918,000 |
| Interest expense | 121,000 | 244,000 | 370,000 | 496,000 |
| Net interest income | 1,092,000 | 2,187,000 | 3,295,000 | 4,422,000 |
| Noninterest income | 111,000 | 190,000 | 334,000 | 498,000 |
| Noninterest expense | 835,000 | 1,710,000 | 2,631,000 | 3,545,000 |
| Provision for loan losses | 6,000 | 28,000 | 30,000 | 34,000 |
| Pretax income | 362,000 | 667,000 | 1,031,000 | 1,422,000 |
| Income tax | 21,000 | 40,000 | 64,000 | 45,000 |
| Net income | 341,000 | 627,000 | 967,000 | 1,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,528,000 | 17,814,000 | 18,155,000 | 18,083,000 |
| Total capital | 18,078,000 | 18,374,000 | 18,724,000 | 18,724,000 |
| Risk-weighted assets | 72,825,000 | 74,426,000 | 75,669,000 | 75,196,000 |