Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND 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 | 801,753,000 | 894,083,000 | 919,280,000 | 916,302,000 |
| Total loans | 248,606,000 | 254,238,000 | 253,086,000 | 249,209,000 |
| Allowance for loan losses | 1,655,000 | 1,679,000 | 1,693,000 | 1,748,000 |
| Securities available for sale | 408,205,000 | 412,534,000 | 433,327,000 | 459,735,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 633,597,000 | 717,194,000 | 740,322,000 | 736,597,000 |
| Interest-bearing deposits | 616,031,000 | 702,723,000 | 733,643,000 | 727,166,000 |
| Noninterest-bearing deposits | 17,566,000 | 14,471,000 | 6,679,000 | 9,431,000 |
| Equity capital | 50,924,000 | 59,920,000 | 67,231,000 | 77,211,000 |
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 | 6,573,000 | 12,870,000 | 18,608,000 | 24,655,000 |
| Interest expense | 2,666,000 | 5,346,000 | 7,750,000 | 10,173,000 |
| Net interest income | 3,907,000 | 7,524,000 | 10,858,000 | 14,482,000 |
| Noninterest income | 212,000 | 421,000 | 627,000 | 1,005,000 |
| Noninterest expense | 2,657,000 | 5,682,000 | 9,153,000 | 11,968,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 2,590,000 | 4,119,000 | 5,410,000 | 6,728,000 |
| Income tax | 86,000 | 205,000 | 204,000 | 89,000 |
| Net income | 2,504,000 | 3,914,000 | 5,206,000 | 6,639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,536,000 | 77,437,000 | 78,729,000 | 80,344,000 |
| Total capital | 78,191,000 | 79,116,000 | 80,422,000 | 82,092,000 |
| Risk-weighted assets | 666,826,000 | 391,211,000 | 384,109,000 | 407,974,000 |