Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS BANK 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 | 83,973,000 | 86,978,000 | 90,478,000 | 92,919,000 |
| Total loans | 48,974,000 | 51,092,000 | 53,841,000 | 55,924,000 |
| Allowance for loan losses | 747,000 | 766,000 | 756,000 | 784,000 |
| Securities available for sale | 8,240,000 | 8,083,000 | 8,553,000 | 8,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,610,000 | 78,517,000 | 81,794,000 | 84,215,000 |
| Interest-bearing deposits | 40,700,000 | 43,366,000 | 45,529,000 | 46,134,000 |
| Noninterest-bearing deposits | 34,910,000 | 35,151,000 | 36,265,000 | 38,081,000 |
| Equity capital | 7,853,000 | 7,896,000 | 8,013,000 | 8,076,000 |
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 | 726,000 | 1,477,000 | 2,284,000 | 3,159,000 |
| Interest expense | 19,000 | 39,000 | 68,000 | 101,000 |
| Net interest income | 707,000 | 1,438,000 | 2,216,000 | 3,058,000 |
| Noninterest income | 158,000 | 309,000 | 483,000 | 650,000 |
| Noninterest expense | 741,000 | 1,531,000 | 2,332,000 | 3,154,000 |
| Provision for loan losses | 30,000 | 55,000 | 85,000 | 115,000 |
| Pretax income | 94,000 | 161,000 | 282,000 | 439,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 94,000 | 161,000 | 282,000 | 439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,004,000 | 8,071,000 | 8,193,000 | 8,208,000 |
| Total capital | 8,619,000 | 8,722,000 | 8,884,000 | 8,922,000 |
| Risk-weighted assets | 49,101,000 | 51,983,000 | 55,266,000 | 57,094,000 |