Call reports 2020
FARMERS & MERCHANTS BANK & TRUST — 2020
What FARMERS & MERCHANTS BANK & TRUST 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 | 149,667,000 | 159,960,000 | 163,848,000 | 172,523,000 |
| Total loans | 96,726,000 | 101,044,000 | 104,505,000 | 101,393,000 |
| Allowance for loan losses | 1,075,000 | 1,093,000 | 1,143,000 | 1,268,000 |
| Securities available for sale | 36,492,000 | 45,858,000 | 48,282,000 | 53,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,314,000 | 134,793,000 | 138,644,000 | 147,347,000 |
| Interest-bearing deposits | 110,560,000 | 108,703,000 | 111,628,000 | 118,511,000 |
| Noninterest-bearing deposits | 18,754,000 | 26,090,000 | 27,016,000 | 28,836,000 |
| Equity capital | 17,634,000 | 18,131,000 | 18,232,000 | 18,192,000 |
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 | 1,554,000 | 3,070,000 | 4,635,000 | 6,252,000 |
| Interest expense | 230,000 | 433,000 | 605,000 | 754,000 |
| Net interest income | 1,324,000 | 2,637,000 | 4,030,000 | 5,498,000 |
| Noninterest income | 259,000 | 372,000 | 514,000 | 695,000 |
| Noninterest expense | 1,134,000 | 2,263,000 | 3,382,000 | 4,641,000 |
| Provision for loan losses | 50,000 | 70,000 | 120,000 | 245,000 |
| Pretax income | 399,000 | 676,000 | 1,042,000 | 1,362,000 |
| Income tax | 110,000 | 184,000 | 279,000 | 359,000 |
| Net income | 289,000 | 492,000 | 763,000 | 1,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,070,000 | 17,100,000 | 17,196,000 | 17,260,000 |
| Total capital | 18,145,000 | 18,193,000 | 18,339,000 | 18,528,000 |
| Risk-weighted assets | 110,596,000 | 111,831,000 | 113,130,000 | 112,260,000 |