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 | 143,513,000 | 144,382,000 | 147,460,000 | 149,962,000 |
| Total loans | 84,994,000 | 90,157,000 | 91,970,000 | 93,092,000 |
| Allowance for loan losses | 591,000 | 589,000 | 596,000 | 692,000 |
| Securities available for sale | 40,065,000 | 41,274,000 | 37,724,000 | 37,304,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,827,000 | 128,843,000 | 131,810,000 | 134,527,000 |
| Interest-bearing deposits | 109,788,000 | 110,748,000 | 112,441,000 | 113,916,000 |
| Noninterest-bearing deposits | 19,039,000 | 18,095,000 | 19,369,000 | 20,611,000 |
| Equity capital | 13,765,000 | 14,193,000 | 14,493,000 | 14,507,000 |
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 | 1,185,000 | 2,451,000 | 3,764,000 | 5,103,000 |
| Interest expense | 43,000 | 95,000 | 151,000 | 215,000 |
| Net interest income | 1,142,000 | 2,356,000 | 3,613,000 | 4,888,000 |
| Noninterest income | 159,000 | 332,000 | 511,000 | 700,000 |
| Noninterest expense | 929,000 | 1,840,000 | 2,779,000 | 3,712,000 |
| Provision for loan losses | 0 | 3,000 | 12,000 | 21,000 |
| Pretax income | 372,000 | 845,000 | 1,333,000 | 1,855,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 372,000 | 845,000 | 1,333,000 | 1,855,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,132,000 | 14,329,000 | 14,655,000 | 15,005,000 |
| Total capital | 14,723,000 | 14,918,000 | 15,251,000 | 15,697,000 |
| Risk-weighted assets | 89,570,000 | 93,707,000 | 93,855,000 | 95,843,000 |