Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 650,461,000 | 637,753,000 | 671,971,000 | 722,070,000 |
| Total loans | 232,216,000 | 240,333,000 | 241,873,000 | 241,436,000 |
| Allowance for loan losses | 1,630,000 | 1,399,000 | 1,237,000 | 1,062,000 |
| Securities available for sale | 347,332,000 | 319,099,000 | 325,697,000 | 362,624,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 497,765,000 | 478,565,000 | 509,308,000 | 559,806,000 |
| Interest-bearing deposits | 490,995,000 | 471,238,000 | 502,543,000 | 552,961,000 |
| Noninterest-bearing deposits | 6,770,000 | 7,327,000 | 6,765,000 | 6,845,000 |
| Equity capital | 82,109,000 | 77,714,000 | 71,506,000 | 80,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 6,509,000 | 13,353,000 | 19,725,000 | 26,281,000 |
| Interest expense | 2,687,000 | 5,209,000 | 7,783,000 | 10,374,000 |
| Net interest income | 3,822,000 | 8,144,000 | 11,942,000 | 15,907,000 |
| Noninterest income | 337,000 | 554,000 | 951,000 | 1,355,000 |
| Noninterest expense | 2,567,000 | 5,260,000 | 7,863,000 | 9,980,000 |
| Provision for loan losses | 7,000 | 7,000 | 7,000 | 7,000 |
| Pretax income | 2,268,000 | 4,985,000 | 6,778,000 | 9,033,000 |
| Income tax | 148,000 | 356,000 | 387,000 | 534,000 |
| Net income | 2,120,000 | 4,629,000 | 6,391,000 | 8,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,176,000 | 72,685,000 | 74,562,000 | 76,553,000 |
| Total capital | 71,806,000 | 74,084,000 | 75,799,000 | 77,615,000 |
| Risk-weighted assets | 336,605,000 | 353,564,000 | 372,212,000 | 514,901,000 |