Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 100,731,000 | 102,179,000 | 107,904,000 | 108,692,000 |
| Total loans | 89,022,000 | 95,218,000 | 100,109,000 | 99,291,000 |
| Allowance for loan losses | 374,000 | 407,000 | 506,000 | 552,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,624,000 | 80,710,000 | 90,976,000 | 90,889,000 |
| Interest-bearing deposits | 78,246,000 | 75,904,000 | 81,545,000 | 82,442,000 |
| Noninterest-bearing deposits | 5,378,000 | 4,806,000 | 9,431,000 | 8,447,000 |
| Equity capital | 11,495,000 | 11,928,000 | 12,392,000 | 12,758,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,184,000 | 2,442,000 | 3,818,000 | 5,225,000 |
| Interest expense | 320,000 | 651,000 | 1,002,000 | 1,367,000 |
| Net interest income | 864,000 | 1,791,000 | 2,816,000 | 3,858,000 |
| Noninterest income | 19,000 | 74,000 | 96,000 | 114,000 |
| Noninterest expense | 500,000 | 1,014,000 | 1,561,000 | 2,096,000 |
| Provision for loan losses | 33,000 | 65,000 | 98,000 | 130,000 |
| Pretax income | 350,000 | 786,000 | 1,253,000 | 1,746,000 |
| Income tax | 2,000 | 5,000 | 8,000 | 10,000 |
| Net income | 348,000 | 781,000 | 1,245,000 | 1,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,326,000 | 9,801,000 | 10,326,000 | 10,765,000 |
| Total capital | 9,700,000 | 10,208,000 | 10,832,000 | 11,317,000 |
| Risk-weighted assets | 83,423,000 | 88,985,000 | 94,283,000 | 93,996,000 |