Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND MERCHANTS BANK 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 | 120,170,000 | 125,851,000 | 128,092,000 | 128,261,000 |
| Total loans | 99,954,000 | 99,691,000 | 106,135,000 | 102,809,000 |
| Allowance for loan losses | 884,000 | 921,000 | 953,000 | 1,004,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,889,000 | 104,847,000 | 107,026,000 | 107,157,000 |
| Interest-bearing deposits | 92,746,000 | 96,080,000 | 96,310,000 | 98,179,000 |
| Noninterest-bearing deposits | 6,143,000 | 8,767,000 | 10,716,000 | 8,978,000 |
| Equity capital | 15,350,000 | 14,949,000 | 15,293,000 | 15,522,000 |
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 | 1,725,000 | 3,305,000 | 4,784,000 | 6,199,000 |
| Interest expense | 528,000 | 1,035,000 | 1,539,000 | 2,023,000 |
| Net interest income | 1,197,000 | 2,270,000 | 3,245,000 | 4,176,000 |
| Noninterest income | 16,000 | 31,000 | 44,000 | 88,000 |
| Noninterest expense | 616,000 | 1,246,000 | 1,853,000 | 2,462,000 |
| Provision for loan losses | 32,000 | 65,000 | 98,000 | 130,000 |
| Pretax income | 551,000 | 982,000 | 1,330,000 | 1,666,000 |
| Income tax | 7,000 | 11,000 | 16,000 | 23,000 |
| Net income | 544,000 | 971,000 | 1,314,000 | 1,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,864,000 | 13,532,000 | 13,942,000 | 14,237,000 |
| Total capital | 14,748,000 | 14,453,000 | 14,895,000 | 15,241,000 |
| Risk-weighted assets | 97,592,000 | 96,966,000 | 102,873,000 | 101,153,000 |