Call reports 2018
FARMERS & MERCHANTS BANK, THE — 2018
What FARMERS & MERCHANTS BANK, THE 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 | 100,087,000 | 98,053,000 | 95,438,000 | 98,287,000 |
| Total loans | 30,621,000 | 31,475,000 | 31,475,000 | 30,727,000 |
| Allowance for loan losses | 217,000 | 219,000 | 226,000 | 235,000 |
| Securities available for sale | 52,785,000 | 54,022,000 | 51,370,000 | 51,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,195,000 | 85,470,000 | 83,097,000 | 85,754,000 |
| Interest-bearing deposits | 78,289,000 | 76,620,000 | 74,688,000 | 75,234,000 |
| Noninterest-bearing deposits | 8,906,000 | 8,850,000 | 8,409,000 | 10,520,000 |
| Equity capital | 7,964,000 | 7,825,000 | 7,591,000 | 7,980,000 |
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 | 790,000 | 1,601,000 | 2,435,000 | 3,238,000 |
| Interest expense | 98,000 | 201,000 | 309,000 | 438,000 |
| Net interest income | 692,000 | 1,400,000 | 2,126,000 | 2,800,000 |
| Noninterest income | 174,000 | 310,000 | 446,000 | 593,000 |
| Noninterest expense | 772,000 | 1,568,000 | 2,325,000 | 3,095,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 89,000 | 133,000 | 243,000 | 294,000 |
| Income tax | 0 | 0 | 0 | -9,000 |
| Net income | 89,000 | 133,000 | 243,000 | 303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,278,000 | 9,216,000 | 9,255,000 | 9,265,000 |
| Total capital | 9,495,000 | 9,435,000 | 9,481,000 | 9,500,000 |
| Risk-weighted assets | 45,372,000 | 47,666,000 | 47,599,000 | 58,034,000 |