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 | 90,021,000 | 92,399,000 | 93,210,000 | 97,424,000 |
| Total loans | 5,551,000 | 5,858,000 | 6,109,000 | 5,556,000 |
| Allowance for loan losses | 245,000 | 268,000 | 250,000 | 234,000 |
| Securities available for sale | 75,231,000 | 76,654,000 | 75,880,000 | 79,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,329,000 | 71,694,000 | 71,811,000 | 76,113,000 |
| Interest-bearing deposits | 55,017,000 | 55,097,000 | 55,797,000 | 56,746,000 |
| Noninterest-bearing deposits | 16,312,000 | 16,597,000 | 16,014,000 | 19,367,000 |
| Equity capital | 18,258,000 | 20,201,000 | 20,783,000 | 20,507,000 |
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 | 661,000 | 1,303,000 | 1,930,000 | 2,552,000 |
| Interest expense | 241,000 | 478,000 | 687,000 | 881,000 |
| Net interest income | 420,000 | 825,000 | 1,243,000 | 1,671,000 |
| Noninterest income | 47,000 | 71,000 | 98,000 | 154,000 |
| Noninterest expense | 235,000 | 440,000 | 653,000 | 1,274,000 |
| Provision for loan losses | 23,000 | 45,000 | 67,000 | 90,000 |
| Pretax income | 268,000 | 471,000 | 693,000 | 536,000 |
| Income tax | 9,000 | 23,000 | 36,000 | 50,000 |
| Net income | 259,000 | 448,000 | 657,000 | 486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,751,000 | 18,941,000 | 19,150,000 | 18,829,000 |
| Total capital | 18,996,000 | 19,209,000 | 19,400,000 | 19,063,000 |
| Risk-weighted assets | 39,447,000 | 39,607,000 | 41,826,000 | 44,042,000 |