Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 154,683,000 | 161,130,000 | 159,594,000 | 165,268,000 |
| Total loans | 56,155,000 | 56,657,000 | 58,063,000 | 60,745,000 |
| Allowance for loan losses | 715,000 | 702,000 | 674,000 | 715,000 |
| Securities available for sale | 75,038,000 | 82,056,000 | 82,117,000 | 78,781,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,972,000 | 138,608,000 | 137,449,000 | 142,428,000 |
| Interest-bearing deposits | 109,953,000 | 113,880,000 | 112,494,000 | 120,340,000 |
| Noninterest-bearing deposits | 23,019,000 | 24,728,000 | 24,955,000 | 22,088,000 |
| Equity capital | 20,102,000 | 20,494,000 | 20,314,000 | 20,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,448,000 | 2,951,000 | 4,533,000 | 6,135,000 |
| Interest expense | 158,000 | 323,000 | 513,000 | 707,000 |
| Net interest income | 1,290,000 | 2,628,000 | 4,020,000 | 5,428,000 |
| Noninterest income | 217,000 | 409,000 | 577,000 | 841,000 |
| Noninterest expense | 973,000 | 1,982,000 | 3,002,000 | 3,992,000 |
| Provision for loan losses | 37,000 | 50,000 | 90,000 | 150,000 |
| Pretax income | 497,000 | 1,005,000 | 1,505,000 | 2,124,000 |
| Income tax | 58,000 | 108,000 | 179,000 | 275,000 |
| Net income | 439,000 | 897,000 | 1,326,000 | 1,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,016,000 | 21,474,000 | 21,903,000 | 21,796,000 |
| Total capital | 21,731,000 | 22,176,000 | 22,577,000 | 22,511,000 |
| Risk-weighted assets | 95,322,000 | 96,987,000 | 97,870,000 | 99,864,000 |