Call reports 2017
FARMERS & MERCHANTS BANK — 2017
What FARMERS & 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 | 541,418,000 | 548,047,000 | 524,974,000 | 514,938,000 |
| Total loans | 406,133,000 | 405,155,000 | 397,287,000 | 389,065,000 |
| Allowance for loan losses | 7,633,000 | 7,356,000 | 6,901,000 | 7,878,000 |
| Securities available for sale | 50,662,000 | 50,745,000 | 51,432,000 | 50,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,021,000 | 501,355,000 | 477,633,000 | 469,847,000 |
| Interest-bearing deposits | 448,439,000 | 436,429,000 | 420,461,000 | 411,296,000 |
| Noninterest-bearing deposits | 52,582,000 | 64,926,000 | 57,172,000 | 58,551,000 |
| Equity capital | 28,695,000 | 29,897,000 | 30,221,000 | 28,513,000 |
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 | 6,235,000 | 12,394,000 | 18,212,000 | 24,173,000 |
| Interest expense | 1,002,000 | 2,016,000 | 3,031,000 | 4,034,000 |
| Net interest income | 5,233,000 | 10,378,000 | 15,181,000 | 20,139,000 |
| Noninterest income | 47,000 | 636,000 | 530,000 | 1,030,000 |
| Noninterest expense | 3,791,000 | 7,668,000 | 11,487,000 | 14,824,000 |
| Provision for loan losses | 408,000 | 708,000 | 1,008,000 | 2,571,000 |
| Pretax income | 1,083,000 | 2,641,000 | 3,219,000 | 3,777,000 |
| Income tax | 364,000 | 890,000 | 1,083,000 | 3,072,000 |
| Net income | 719,000 | 1,751,000 | 2,136,000 | 705,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,798,000 | 25,287,000 | 25,858,000 | 26,119,000 |
| Total capital | 28,974,000 | 30,407,000 | 30,848,000 | 30,974,000 |
| Risk-weighted assets | 408,063,000 | 404,161,000 | 394,340,000 | 383,034,000 |