Call reports 2018
FARMERS & MERCHANTS BANK — 2018
What FARMERS & 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 | 506,751,000 | 512,937,000 | 503,778,000 | 488,016,000 |
| Total loans | 390,893,000 | 393,623,000 | 392,171,000 | 373,323,000 |
| Allowance for loan losses | 7,869,000 | 6,570,000 | 6,560,000 | 5,557,000 |
| Securities available for sale | 50,157,000 | 47,719,000 | 47,750,000 | 46,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,317,000 | 461,743,000 | 451,832,000 | 433,674,000 |
| Interest-bearing deposits | 403,434,000 | 397,095,000 | 379,549,000 | 378,967,000 |
| Noninterest-bearing deposits | 57,883,000 | 64,648,000 | 72,283,000 | 54,707,000 |
| Equity capital | 28,721,000 | 29,218,000 | 29,857,000 | 29,999,000 |
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 | 5,903,000 | 11,528,000 | 17,367,000 | 23,208,000 |
| Interest expense | 1,023,000 | 2,112,000 | 3,299,000 | 4,586,000 |
| Net interest income | 4,880,000 | 9,416,000 | 14,068,000 | 18,622,000 |
| Noninterest income | -87,000 | -244,000 | -115,000 | -356,000 |
| Noninterest expense | 3,661,000 | 7,262,000 | 10,794,000 | 14,208,000 |
| Provision for loan losses | 100,000 | 100,000 | 300,000 | 1,700,000 |
| Pretax income | 1,032,000 | 1,810,000 | 2,859,000 | 2,358,000 |
| Income tax | 256,000 | 449,000 | 709,000 | 527,000 |
| Net income | 776,000 | 1,361,000 | 2,150,000 | 1,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,142,000 | 27,839,000 | 28,901,000 | 28,580,000 |
| Total capital | 32,017,000 | 32,681,000 | 33,722,000 | 33,176,000 |
| Risk-weighted assets | 385,195,000 | 383,857,000 | 382,457,000 | 365,242,000 |