Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 163,606,000 | 164,068,000 | 165,829,000 | 171,311,000 |
| Total loans | 59,994,000 | 63,822,000 | 65,087,000 | 67,954,000 |
| Allowance for loan losses | 784,000 | 803,000 | 806,000 | 849,000 |
| Securities available for sale | 85,541,000 | 79,480,000 | 81,586,000 | 83,672,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,528,000 | 138,521,000 | 139,352,000 | 145,801,000 |
| Interest-bearing deposits | 114,254,000 | 112,038,000 | 113,258,000 | 119,189,000 |
| Noninterest-bearing deposits | 25,274,000 | 26,483,000 | 26,094,000 | 26,612,000 |
| Equity capital | 22,412,000 | 23,736,000 | 24,793,000 | 24,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,631,000 | 3,310,000 | 5,016,000 | 6,702,000 |
| Interest expense | 216,000 | 446,000 | 687,000 | 930,000 |
| Net interest income | 1,415,000 | 2,864,000 | 4,329,000 | 5,772,000 |
| Noninterest income | 211,000 | 418,000 | 653,000 | 882,000 |
| Noninterest expense | 1,032,000 | 2,070,000 | 3,128,000 | 4,115,000 |
| Provision for loan losses | 45,000 | 85,000 | 130,000 | 175,000 |
| Pretax income | 549,000 | 1,129,000 | 1,726,000 | 2,366,000 |
| Income tax | 90,000 | 180,000 | 272,000 | 371,000 |
| Net income | 459,000 | 949,000 | 1,454,000 | 1,995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,254,000 | 22,744,000 | 23,250,000 | 23,079,000 |
| Total capital | 23,038,000 | 23,547,000 | 24,056,000 | 23,928,000 |
| Risk-weighted assets | 100,616,000 | 102,600,000 | 103,255,000 | 107,707,000 |