Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 173,293,000 | 191,730,000 | 201,212,000 | 214,737,000 |
| Total loans | 71,476,000 | 78,330,000 | 79,726,000 | 77,693,000 |
| Allowance for loan losses | 874,000 | 896,000 | 923,000 | 964,000 |
| Securities available for sale | 81,529,000 | 83,651,000 | 94,476,000 | 97,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,275,000 | 163,322,000 | 170,923,000 | 184,852,000 |
| Interest-bearing deposits | 120,469,000 | 125,458,000 | 133,837,000 | 148,100,000 |
| Noninterest-bearing deposits | 27,806,000 | 37,864,000 | 37,086,000 | 36,752,000 |
| Equity capital | 23,908,000 | 26,511,000 | 27,705,000 | 27,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,744,000 | 3,542,000 | 5,319,000 | 7,238,000 |
| Interest expense | 264,000 | 521,000 | 761,000 | 965,000 |
| Net interest income | 1,480,000 | 3,021,000 | 4,558,000 | 6,273,000 |
| Noninterest income | 247,000 | 420,000 | 639,000 | 947,000 |
| Noninterest expense | 1,017,000 | 2,109,000 | 3,209,000 | 4,288,000 |
| Provision for loan losses | 35,000 | 65,000 | 95,000 | 165,000 |
| Pretax income | 718,000 | 1,310,000 | 1,936,000 | 2,810,000 |
| Income tax | 135,000 | 228,000 | 324,000 | 461,000 |
| Net income | 583,000 | 1,082,000 | 1,612,000 | 2,349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,662,000 | 24,161,000 | 24,691,000 | 24,601,000 |
| Total capital | 24,536,000 | 25,057,000 | 25,614,000 | 25,565,000 |
| Risk-weighted assets | 109,573,000 | 118,988,000 | 125,792,000 | 126,663,000 |