Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 146,254,000 | 145,102,000 | 146,058,000 | 155,941,000 |
| Total loans | 51,014,000 | 53,150,000 | 55,419,000 | 56,382,000 |
| Allowance for loan losses | 585,000 | 702,000 | 750,000 | 695,000 |
| Securities available for sale | 78,613,000 | 74,312,000 | 73,423,000 | 72,765,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,340,000 | 122,273,000 | 123,001,000 | 133,801,000 |
| Interest-bearing deposits | 101,526,000 | 100,441,000 | 100,902,000 | 110,990,000 |
| Noninterest-bearing deposits | 22,814,000 | 21,832,000 | 22,099,000 | 22,811,000 |
| Equity capital | 20,105,000 | 21,090,000 | 21,391,000 | 20,569,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,354,000 | 2,756,000 | 4,192,000 | 5,630,000 |
| Interest expense | 125,000 | 262,000 | 398,000 | 535,000 |
| Net interest income | 1,229,000 | 2,494,000 | 3,794,000 | 5,095,000 |
| Noninterest income | 176,000 | 347,000 | 476,000 | 581,000 |
| Noninterest expense | 936,000 | 1,862,000 | 2,839,000 | 3,744,000 |
| Provision for loan losses | 57,000 | 188,000 | 249,000 | 271,000 |
| Pretax income | 412,000 | 833,000 | 1,224,000 | 1,703,000 |
| Income tax | 11,000 | 21,000 | 32,000 | 315,000 |
| Net income | 401,000 | 812,000 | 1,192,000 | 1,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,164,000 | 20,576,000 | 20,956,000 | 20,577,000 |
| Total capital | 20,749,000 | 21,278,000 | 21,706,000 | 21,272,000 |
| Risk-weighted assets | 91,211,000 | 91,371,000 | 92,414,000 | 96,033,000 |