Call reports 2020
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2020
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 7,950,718,000 | 9,448,189,000 | 9,682,905,000 | 9,871,778,000 |
| Total loans | 4,432,201,000 | 5,206,764,000 | 5,358,734,000 | 5,421,960,000 |
| Allowance for loan losses | 63,457,000 | 67,907,000 | 71,005,000 | 72,267,000 |
| Securities available for sale | 98,877,000 | 115,181,000 | 125,131,000 | 137,373,000 |
| Securities held to maturity | 2,829,575,000 | 3,149,908,000 | 3,107,320,000 | 3,131,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,184,737,000 | 7,228,730,000 | 7,421,329,000 | 7,617,626,000 |
| Interest-bearing deposits | 3,920,852,000 | 4,335,091,000 | 4,536,956,000 | 4,728,614,000 |
| Noninterest-bearing deposits | 2,263,885,000 | 2,893,639,000 | 2,884,373,000 | 2,889,012,000 |
| Equity capital | 1,099,920,000 | 1,118,754,000 | 1,132,868,000 | 1,143,842,000 |
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 | 69,180,000 | 143,954,000 | 214,724,000 | 286,383,000 |
| Interest expense | 7,989,000 | 14,695,000 | 20,473,000 | 24,885,000 |
| Net interest income | 61,191,000 | 129,259,000 | 194,251,000 | 261,498,000 |
| Noninterest income | 3,758,000 | 7,302,000 | 11,981,000 | 17,148,000 |
| Noninterest expense | 42,795,000 | 84,619,000 | 127,605,000 | 171,956,000 |
| Provision for loan losses | 800,000 | 5,500,000 | 8,500,000 | 10,500,000 |
| Pretax income | 21,354,000 | 46,442,000 | 70,127,000 | 96,190,000 |
| Income tax | 3,409,000 | 7,868,000 | 11,689,000 | 16,389,000 |
| Net income | 17,945,000 | 38,574,000 | 58,438,000 | 79,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,097,868,000 | 1,115,721,000 | 1,130,013,000 | 1,140,997,000 |
| Total capital | 1,167,625,000 | 1,187,650,000 | 1,203,893,000 | 1,218,814,000 |
| Risk-weighted assets | 5,586,163,000 | 5,753,056,000 | 5,907,981,000 | 6,226,401,000 |