Call reports 2019
FARMERS & MERCHANTS BANK — 2019
What FARMERS & 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 | 492,372,000 | 497,674,000 | 490,892,000 | 497,050,000 |
| Total loans | 365,932,000 | 363,124,000 | 360,418,000 | 361,325,000 |
| Allowance for loan losses | 5,512,000 | 5,186,000 | 5,681,000 | 5,476,000 |
| Securities available for sale | 47,428,000 | 50,218,000 | 51,534,000 | 53,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 439,066,000 | 443,519,000 | 439,157,000 | 445,038,000 |
| Interest-bearing deposits | 381,966,000 | 375,802,000 | 373,188,000 | 386,744,000 |
| Noninterest-bearing deposits | 57,100,000 | 67,717,000 | 65,969,000 | 58,294,000 |
| Equity capital | 30,834,000 | 31,304,000 | 31,709,000 | 32,437,000 |
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 | 5,786,000 | 11,864,000 | 17,984,000 | 23,783,000 |
| Interest expense | 1,368,000 | 2,871,000 | 4,464,000 | 6,097,000 |
| Net interest income | 4,418,000 | 8,993,000 | 13,520,000 | 17,686,000 |
| Noninterest income | 151,000 | 324,000 | 728,000 | 814,000 |
| Noninterest expense | 3,620,000 | 7,383,000 | 11,075,000 | 14,464,000 |
| Provision for loan losses | 450,000 | 1,700,000 | 2,350,000 | 3,100,000 |
| Pretax income | 502,000 | 237,000 | 828,000 | 959,000 |
| Income tax | 122,000 | 53,000 | 202,000 | 239,000 |
| Net income | 380,000 | 184,000 | 626,000 | 720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,088,000 | 28,821,000 | 29,539,000 | 30,291,000 |
| Total capital | 33,587,000 | 33,275,000 | 33,977,000 | 34,687,000 |
| Risk-weighted assets | 357,545,000 | 354,205,000 | 352,698,000 | 349,929,000 |