Call reports 2020
FARMERS & MERCHANTS BANK — 2020
What FARMERS & 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 | 521,216,000 | 611,340,000 | 598,926,000 | 611,828,000 |
| Total loans | 365,753,000 | 396,049,000 | 399,954,000 | 385,158,000 |
| Allowance for loan losses | 5,384,000 | 6,447,000 | 6,591,000 | 6,547,000 |
| Securities available for sale | 57,307,000 | 69,936,000 | 73,983,000 | 74,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 467,928,000 | 533,802,000 | 525,531,000 | 549,449,000 |
| Interest-bearing deposits | 408,677,000 | 438,454,000 | 439,256,000 | 459,348,000 |
| Noninterest-bearing deposits | 59,251,000 | 95,348,000 | 86,275,000 | 90,101,000 |
| Equity capital | 33,588,000 | 33,457,000 | 33,984,000 | 34,767,000 |
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 | 6,007,000 | 13,068,000 | 18,946,000 | 24,741,000 |
| Interest expense | 1,659,000 | 3,324,000 | 4,895,000 | 6,333,000 |
| Net interest income | 4,348,000 | 9,744,000 | 14,051,000 | 18,408,000 |
| Noninterest income | 412,000 | 207,000 | 646,000 | 805,000 |
| Noninterest expense | 3,665,000 | 7,375,000 | 10,944,000 | 14,447,000 |
| Provision for loan losses | 600,000 | 2,700,000 | 2,940,000 | 2,940,000 |
| Pretax income | 498,000 | -29,000 | 951,000 | 2,109,000 |
| Income tax | 125,000 | -6,000 | 240,000 | 514,000 |
| Net income | 373,000 | -23,000 | 711,000 | 1,595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,303,000 | 30,907,000 | 31,640,000 | 32,094,000 |
| Total capital | 35,744,000 | 35,309,000 | 36,105,000 | 36,512,000 |
| Risk-weighted assets | 354,302,000 | 350,076,000 | 355,039,000 | 351,375,000 |