Call reports 2020
FARMERS & MERCHANTS BANK & TRUST — 2020
What FARMERS & MERCHANTS BANK & TRUST 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 | 221,481,000 | 225,838,000 | 224,424,000 | 228,920,000 |
| Total loans | 136,493,000 | 145,676,000 | 144,358,000 | 131,324,000 |
| Allowance for loan losses | 1,512,000 | 1,943,000 | 1,588,000 | 1,954,000 |
| Securities available for sale | 44,145,000 | 48,385,000 | 49,996,000 | 60,651,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,786,000 | 205,197,000 | 203,719,000 | 208,287,000 |
| Interest-bearing deposits | 175,755,000 | 174,939,000 | 171,541,000 | 178,717,000 |
| Noninterest-bearing deposits | 24,031,000 | 30,258,000 | 32,178,000 | 29,570,000 |
| Equity capital | 18,515,000 | 18,849,000 | 18,953,000 | 18,972,000 |
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 | 1,794,000 | 3,922,000 | 5,731,000 | 7,730,000 |
| Interest expense | 258,000 | 448,000 | 615,000 | 761,000 |
| Net interest income | 1,536,000 | 3,474,000 | 5,116,000 | 6,969,000 |
| Noninterest income | 1,188,000 | 1,862,000 | 2,595,000 | 3,360,000 |
| Noninterest expense | 1,932,000 | 4,014,000 | 5,934,000 | 8,285,000 |
| Provision for loan losses | 50,000 | 500,000 | 700,000 | 700,000 |
| Pretax income | 742,000 | 822,000 | 1,219,000 | 1,486,000 |
| Income tax | 58,000 | 75,000 | 140,000 | 191,000 |
| Net income | 684,000 | 747,000 | 1,079,000 | 1,295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,036,000 | 19,100,000 | 19,298,000 | 19,381,000 |
| Total capital | 20,548,000 | 20,744,000 | 20,886,000 | 20,928,000 |
| Risk-weighted assets | 132,776,000 | 131,112,000 | 131,457,000 | 123,219,000 |