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 | 152,803,000 | 148,207,000 | 152,117,000 | 158,635,000 |
| Total loans | 94,261,000 | 97,269,000 | 101,948,000 | 101,690,000 |
| Allowance for loan losses | 701,000 | 714,000 | 716,000 | 732,000 |
| Securities available for sale | 36,353,000 | 36,273,000 | 35,281,000 | 32,610,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,064,000 | 132,386,000 | 135,786,000 | 142,035,000 |
| Interest-bearing deposits | 115,993,000 | 111,429,000 | 113,947,000 | 118,599,000 |
| Noninterest-bearing deposits | 21,071,000 | 20,957,000 | 21,839,000 | 23,436,000 |
| Equity capital | 14,728,000 | 14,693,000 | 15,033,000 | 15,593,000 |
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 | 1,317,000 | 2,694,000 | 4,120,000 | 5,608,000 |
| Interest expense | 64,000 | 130,000 | 231,000 | 343,000 |
| Net interest income | 1,253,000 | 2,564,000 | 3,889,000 | 5,265,000 |
| Noninterest income | 176,000 | 364,000 | 567,000 | 761,000 |
| Noninterest expense | 935,000 | 1,944,000 | 2,921,000 | 3,918,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 485,000 | 966,000 | 1,508,000 | 2,072,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 485,000 | 966,000 | 1,508,000 | 2,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,490,000 | 15,524,000 | 15,893,000 | 16,261,000 |
| Total capital | 16,191,000 | 16,238,000 | 16,609,000 | 16,993,000 |
| Risk-weighted assets | 97,103,000 | 99,022,000 | 102,747,000 | 103,316,000 |