Call reports 2020
FARMERS AND MERCHANTS BANK OF KENDALL — 2020
What FARMERS AND MERCHANTS BANK OF KENDALL 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 | 73,817,000 | 76,697,000 | 74,699,000 | 79,566,000 |
| Total loans | 63,723,000 | 64,931,000 | 63,356,000 | 60,174,000 |
| Allowance for loan losses | 622,000 | 623,000 | 648,000 | 590,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,460,000 | 62,874,000 | 60,871,000 | 65,895,000 |
| Interest-bearing deposits | 46,809,000 | 46,344,000 | 45,321,000 | 47,184,000 |
| Noninterest-bearing deposits | 13,651,000 | 16,530,000 | 15,550,000 | 18,711,000 |
| Equity capital | 11,816,000 | 12,312,000 | 12,343,000 | 12,226,000 |
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 | 1,007,000 | 2,032,000 | 2,976,000 | 3,856,000 |
| Interest expense | 153,000 | 279,000 | 391,000 | 480,000 |
| Net interest income | 854,000 | 1,753,000 | 2,585,000 | 3,376,000 |
| Noninterest income | 147,000 | 258,000 | 395,000 | 521,000 |
| Noninterest expense | 500,000 | 990,000 | 1,481,000 | 1,958,000 |
| Provision for loan losses | 25,000 | 25,000 | 50,000 | 150,000 |
| Pretax income | 476,000 | 1,003,000 | 1,449,000 | 1,789,000 |
| Income tax | 27,000 | 58,000 | 98,000 | 129,000 |
| Net income | 449,000 | 945,000 | 1,351,000 | 1,660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,710,000 | 12,214,000 | 12,254,000 | 12,145,000 |