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 | 196,154,000 | 192,780,000 | 190,216,000 | 186,795,000 |
| Total loans | 107,665,000 | 110,733,000 | 114,313,000 | 117,712,000 |
| Allowance for loan losses | 1,199,000 | 1,232,000 | 1,076,000 | 1,152,000 |
| Securities available for sale | 40,730,000 | 39,474,000 | 36,668,000 | 35,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,522,000 | 173,771,000 | 170,719,000 | 166,500,000 |
| Interest-bearing deposits | 111,102,000 | 109,159,000 | 111,523,000 | 106,706,000 |
| Noninterest-bearing deposits | 66,420,000 | 64,612,000 | 59,196,000 | 59,794,000 |
| Equity capital | 18,192,000 | 18,563,000 | 18,924,000 | 19,656,000 |
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 | 1,751,000 | 3,609,000 | 5,492,000 | 7,420,000 |
| Interest expense | 132,000 | 281,000 | 450,000 | 654,000 |
| Net interest income | 1,619,000 | 3,328,000 | 5,042,000 | 6,766,000 |
| Noninterest income | 280,000 | 538,000 | 837,000 | 1,139,000 |
| Noninterest expense | 1,435,000 | 2,831,000 | 4,264,000 | 5,683,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 464,000 | 1,035,000 | 1,615,000 | 2,147,000 |
| Income tax | 108,000 | 242,000 | 378,000 | 546,000 |
| Net income | 356,000 | 793,000 | 1,237,000 | 1,601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,084,000 | 16,525,000 | 16,972,000 | 17,802,000 |
| Total capital | 17,283,000 | 17,757,000 | 18,048,000 | 18,954,000 |
| Risk-weighted assets | 112,147,000 | 116,154,000 | 120,495,000 | 121,518,000 |