Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 80,175,000 | 84,715,000 | 82,669,000 | 81,513,000 |
| Total loans | 49,696,000 | 50,615,000 | 50,028,000 | 49,702,000 |
| Allowance for loan losses | 738,000 | 764,000 | 682,000 | 716,000 |
| Securities available for sale | 8,936,000 | 8,813,000 | 8,409,000 | 8,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,037,000 | 76,431,000 | 74,240,000 | 73,100,000 |
| Interest-bearing deposits | 42,232,000 | 40,681,000 | 42,366,000 | 42,096,000 |
| Noninterest-bearing deposits | 29,805,000 | 35,750,000 | 31,874,000 | 31,004,000 |
| Equity capital | 7,941,000 | 7,695,000 | 7,814,000 | 7,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 663,000 | 1,337,000 | 2,051,000 | 2,775,000 |
| Interest expense | 14,000 | 30,000 | 47,000 | 67,000 |
| Net interest income | 649,000 | 1,307,000 | 2,004,000 | 2,708,000 |
| Noninterest income | 150,000 | 312,000 | 509,000 | 660,000 |
| Noninterest expense | 739,000 | 1,804,000 | 2,533,000 | 3,265,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 30,000 | -245,000 | -110,000 | -17,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 30,000 | -245,000 | -110,000 | -17,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,957,000 | 7,683,000 | 7,817,000 | 7,910,000 |
| Total capital | 8,575,000 | 8,311,000 | 8,436,000 | 8,531,000 |
| Risk-weighted assets | 49,381,000 | 50,128,000 | 49,486,000 | 49,627,000 |