Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 557,831,000 | 557,976,000 | 569,527,000 | 587,275,000 |
| Total loans | 238,870,000 | 249,319,000 | 239,547,000 | 256,411,000 |
| Allowance for loan losses | 1,883,000 | 1,893,000 | 1,888,000 | 1,815,000 |
| Securities available for sale | 245,468,000 | 263,267,000 | 277,871,000 | 258,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,958,000 | 412,273,000 | 424,182,000 | 438,777,000 |
| Interest-bearing deposits | 415,085,000 | 404,184,000 | 415,228,000 | 429,372,000 |
| Noninterest-bearing deposits | 10,873,000 | 8,089,000 | 8,954,000 | 9,405,000 |
| Equity capital | 47,699,000 | 52,765,000 | 55,946,000 | 54,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,405,000 | 10,690,000 | 16,163,000 | 21,374,000 |
| Interest expense | 1,577,000 | 3,249,000 | 4,947,000 | 6,739,000 |
| Net interest income | 3,828,000 | 7,441,000 | 11,216,000 | 14,635,000 |
| Noninterest income | 401,000 | 870,000 | 1,013,000 | 1,491,000 |
| Noninterest expense | 2,177,000 | 4,385,000 | 6,762,000 | 9,136,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,465,000 | 5,186,000 | 7,849,000 | 10,124,000 |
| Income tax | 415,000 | 765,000 | 765,000 | 1,616,000 |
| Net income | 2,050,000 | 4,421,000 | 7,084,000 | 8,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,582,000 | 44,024,000 | 46,693,000 | 46,225,000 |
| Total capital | 43,465,000 | 45,917,000 | 48,581,000 | 48,040,000 |
| Risk-weighted assets | 351,319,000 | 361,112,000 | 348,574,000 | 353,726,000 |