Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 106,200,000 | 106,550,000 | 114,571,000 | 116,761,000 |
| Total loans | 97,736,000 | 97,444,000 | 103,976,000 | 103,578,000 |
| Allowance for loan losses | 579,000 | 615,000 | 661,000 | 699,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,047,000 | 88,483,000 | 95,774,000 | 91,814,000 |
| Interest-bearing deposits | 82,649,000 | 83,146,000 | 84,944,000 | 84,261,000 |
| Noninterest-bearing deposits | 6,398,000 | 5,337,000 | 10,830,000 | 7,553,000 |
| Equity capital | 13,059,000 | 13,113,000 | 13,694,000 | 14,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,411,000 | 2,914,000 | 4,472,000 | 6,117,000 |
| Interest expense | 372,000 | 778,000 | 1,195,000 | 1,681,000 |
| Net interest income | 1,039,000 | 2,136,000 | 3,277,000 | 4,436,000 |
| Noninterest income | 16,000 | 63,000 | 96,000 | 91,000 |
| Noninterest expense | 518,000 | 1,073,000 | 1,631,000 | 2,240,000 |
| Provision for loan losses | 33,000 | 65,000 | 98,000 | 130,000 |
| Pretax income | 504,000 | 1,061,000 | 1,644,000 | 2,157,000 |
| Income tax | 2,000 | 5,000 | 7,000 | 10,000 |
| Net income | 502,000 | 1,056,000 | 1,637,000 | 2,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,979,000 | 11,113,000 | 11,770,000 | 12,257,000 |
| Total capital | 11,558,000 | 11,728,000 | 12,431,000 | 12,956,000 |
| Risk-weighted assets | 90,629,000 | 94,726,000 | 101,737,000 | 102,067,000 |