Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 58,601,000 | 59,461,000 | 63,358,000 | 69,124,000 |
| Total loans | 54,387,000 | 55,466,000 | 59,095,000 | 64,031,000 |
| 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 | 40,799,000 | 44,649,000 | 51,493,000 | 49,035,000 |
| Interest-bearing deposits | 36,911,000 | 37,337,000 | 35,671,000 | 38,361,000 |
| Noninterest-bearing deposits | 3,888,000 | 7,312,000 | 15,822,000 | 10,674,000 |
| Equity capital | 5,791,000 | 6,069,000 | 6,165,000 | 6,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 713,000 | 1,432,000 | 2,169,000 | 2,963,000 |
| Interest expense | 149,000 | 298,000 | 442,000 | 584,000 |
| Net interest income | 564,000 | 1,134,000 | 1,727,000 | 2,379,000 |
| Noninterest income | 17,000 | 43,000 | 60,000 | 78,000 |
| Noninterest expense | 318,000 | 631,000 | 965,000 | 1,279,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 263,000 | 546,000 | 822,000 | 1,178,000 |
| Income tax | 6,000 | 11,000 | 16,000 | 21,000 |
| Net income | 257,000 | 535,000 | 806,000 | 1,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,791,000 | 6,069,000 | 6,165,000 | 6,201,000 |
| Total capital | 6,078,000 | 6,356,000 | 6,452,000 | 6,488,000 |
| Risk-weighted assets | 53,058,000 | 53,429,000 | 57,247,000 | 62,292,000 |