Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND 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 | 622,434,000 | 618,904,000 | 648,249,000 | 671,375,000 |
| Total loans | 234,400,000 | 229,569,000 | 237,240,000 | 240,643,000 |
| Allowance for loan losses | 1,996,000 | 2,007,000 | 1,969,000 | 1,832,000 |
| Securities available for sale | 323,192,000 | 334,670,000 | 353,342,000 | 358,587,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 510,216,000 | 492,241,000 | 477,061,000 | 509,810,000 |
| Interest-bearing deposits | 502,619,000 | 484,663,000 | 469,554,000 | 503,307,000 |
| Noninterest-bearing deposits | 7,597,000 | 7,578,000 | 7,507,000 | 6,503,000 |
| Equity capital | 75,382,000 | 78,138,000 | 82,055,000 | 81,369,000 |
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 | 5,680,000 | 11,678,000 | 17,799,000 | 24,712,000 |
| Interest expense | 1,809,000 | 3,736,000 | 5,790,000 | 8,309,000 |
| Net interest income | 3,871,000 | 7,942,000 | 12,009,000 | 16,403,000 |
| Noninterest income | 447,000 | 1,645,000 | 1,998,000 | 2,337,000 |
| Noninterest expense | 2,283,000 | 5,087,000 | 7,666,000 | 10,376,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,071,000 | 4,590,000 | 6,431,000 | 8,475,000 |
| Income tax | 308,000 | 262,000 | 290,000 | 366,000 |
| Net income | 1,763,000 | 4,328,000 | 6,141,000 | 8,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,273,000 | 63,837,000 | 65,647,000 | 67,617,000 |
| Total capital | 63,269,000 | 65,844,000 | 67,616,000 | 69,449,000 |
| Risk-weighted assets | 330,539,000 | 333,084,000 | 378,723,000 | 356,517,000 |