Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 610,231,000 | 593,337,000 | 593,015,000 | 600,614,000 |
| Total loans | 249,645,000 | 254,445,000 | 258,734,000 | 254,398,000 |
| Allowance for loan losses | 2,079,000 | 2,026,000 | 1,990,000 | 2,228,000 |
| Securities available for sale | 313,983,000 | 278,170,000 | 265,620,000 | 291,888,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,043,000 | 488,841,000 | 490,315,000 | 495,671,000 |
| Interest-bearing deposits | 492,146,000 | 479,498,000 | 483,186,000 | 487,601,000 |
| Noninterest-bearing deposits | 8,897,000 | 9,343,000 | 7,129,000 | 8,070,000 |
| Equity capital | 63,411,000 | 66,363,000 | 67,448,000 | 69,628,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,699,000 | 11,060,000 | 16,346,000 | 21,865,000 |
| Interest expense | 1,659,000 | 3,309,000 | 5,065,000 | 6,803,000 |
| Net interest income | 4,040,000 | 7,751,000 | 11,281,000 | 15,062,000 |
| Noninterest income | 296,000 | 640,000 | 989,000 | 1,401,000 |
| Noninterest expense | 2,216,000 | 4,845,000 | 7,507,000 | 10,475,000 |
| Provision for loan losses | 250,000 | 250,000 | 450,000 | 2,150,000 |
| Pretax income | 2,064,000 | 3,668,000 | 5,130,000 | 4,592,000 |
| Income tax | 331,000 | 506,000 | 612,000 | -457,000 |
| Net income | 1,733,000 | 3,162,000 | 4,518,000 | 5,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,835,000 | 57,264,000 | 58,621,000 | 59,509,000 |
| Total capital | 57,914,000 | 59,290,000 | 60,611,000 | 61,737,000 |
| Risk-weighted assets | 352,099,000 | 352,145,000 | 350,232,000 | 343,819,000 |