Call reports 2013
FARMERS AND MERCHANTS BANK — 2013
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 51,728,000 | 53,433,000 | 59,096,000 | 60,423,000 |
| Total loans | 48,204,000 | 49,704,000 | 52,338,000 | 56,418,000 |
| Allowance for loan losses | 287,000 | 287,000 | 287,000 | 287,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,561,000 | 38,851,000 | 49,275,000 | 42,663,000 |
| Interest-bearing deposits | 37,891,000 | 36,335,000 | 47,033,000 | 34,357,000 |
| Noninterest-bearing deposits | 3,670,000 | 2,516,000 | 2,242,000 | 8,306,000 |
| Equity capital | 5,534,000 | 5,663,000 | 5,667,000 | 5,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 655,000 | 1,320,000 | 2,004,000 | 2,730,000 |
| Interest expense | 166,000 | 323,000 | 476,000 | 627,000 |
| Net interest income | 489,000 | 997,000 | 1,528,000 | 2,103,000 |
| Noninterest income | 20,000 | 46,000 | 66,000 | 89,000 |
| Noninterest expense | 306,000 | 622,000 | 954,000 | 1,270,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 203,000 | 421,000 | 640,000 | 922,000 |
| Income tax | 7,000 | 11,000 | 16,000 | 21,000 |
| Net income | 196,000 | 410,000 | 624,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,534,000 | 5,663,000 | 5,667,000 | 5,644,000 |
| Total capital | 5,821,000 | 5,950,000 | 5,954,000 | 5,931,000 |
| Risk-weighted assets | 46,923,000 | 48,469,000 | 51,347,000 | 54,818,000 |