Call reports 2018
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2018
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 7,114,221,000 | 7,274,369,000 | 7,309,219,000 | 7,308,236,000 |
| Total loans | 3,954,484,000 | 4,015,714,000 | 4,247,542,000 | 4,274,838,000 |
| Allowance for loan losses | 59,508,000 | 59,853,000 | 61,961,000 | 62,450,000 |
| Securities available for sale | 163,615,000 | 152,262,000 | 145,892,000 | 134,008,000 |
| Securities held to maturity | 2,683,559,000 | 2,673,711,000 | 2,667,908,000 | 2,649,460,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,473,451,000 | 5,588,950,000 | 5,630,907,000 | 5,584,465,000 |
| Interest-bearing deposits | 3,396,617,000 | 3,444,424,000 | 3,447,363,000 | 3,486,368,000 |
| Noninterest-bearing deposits | 2,076,834,000 | 2,144,526,000 | 2,183,544,000 | 2,098,097,000 |
| Equity capital | 976,012,000 | 994,501,000 | 1,011,644,000 | 1,027,874,000 |
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 | 61,728,000 | 125,503,000 | 192,183,000 | 261,140,000 |
| Interest expense | 4,360,000 | 9,614,000 | 15,397,000 | 21,941,000 |
| Net interest income | 57,368,000 | 115,889,000 | 176,786,000 | 239,199,000 |
| Noninterest income | 6,188,000 | 13,242,000 | 20,082,000 | 26,738,000 |
| Noninterest expense | 34,656,000 | 70,310,000 | 114,478,000 | 154,813,000 |
| Provision for loan losses | 0 | 0 | 2,000,000 | 2,500,000 |
| Pretax income | 28,900,000 | 58,821,000 | 80,390,000 | 108,624,000 |
| Income tax | 7,867,000 | 15,997,000 | 16,903,000 | 22,988,000 |
| Net income | 21,033,000 | 42,824,000 | 63,487,000 | 85,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 976,358,000 | 995,295,000 | 1,013,486,000 | 1,028,826,000 |
| Total capital | 1,040,660,000 | 1,060,148,000 | 1,081,447,000 | 1,096,976,000 |
| Risk-weighted assets | 5,143,654,000 | 5,277,279,000 | 5,526,608,000 | 5,514,845,000 |