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 | 83,811,000 | 82,559,000 | 82,724,000 | 85,913,000 |
| Total loans | 7,800,000 | 6,748,000 | 7,050,000 | 6,939,000 |
| Allowance for loan losses | 347,000 | 203,000 | 204,000 | 207,000 |
| Securities available for sale | 67,417,000 | 65,876,000 | 67,028,000 | 68,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,078,000 | 65,710,000 | 66,161,000 | 68,630,000 |
| Interest-bearing deposits | 50,975,000 | 51,358,000 | 51,285,000 | 51,490,000 |
| Noninterest-bearing deposits | 16,103,000 | 14,352,000 | 14,876,000 | 17,140,000 |
| Equity capital | 16,382,000 | 16,543,000 | 16,196,000 | 16,735,000 |
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 | 648,000 | 1,315,000 | 1,961,000 | 2,632,000 |
| Interest expense | 146,000 | 326,000 | 518,000 | 714,000 |
| Net interest income | 502,000 | 989,000 | 1,443,000 | 1,918,000 |
| Noninterest income | 54,000 | 95,000 | 143,000 | 220,000 |
| Noninterest expense | 218,000 | 400,000 | 621,000 | 1,305,000 |
| Provision for loan losses | 0 | 129,000 | 129,000 | 129,000 |
| Pretax income | 341,000 | 562,000 | 844,000 | 712,000 |
| Income tax | 17,000 | 30,000 | 45,000 | 57,000 |
| Net income | 324,000 | 532,000 | 799,000 | 655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,831,000 | 18,038,000 | 18,305,000 | 17,961,000 |
| Total capital | 18,178,000 | 18,241,000 | 18,509,000 | 18,168,000 |
| Risk-weighted assets | 41,243,000 | 38,973,000 | 39,326,000 | 39,264,000 |