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 | 165,299,000 | 181,367,000 | 192,097,000 | 196,973,000 |
| Total loans | 111,544,000 | 115,079,000 | 114,862,000 | 110,647,000 |
| Allowance for loan losses | 766,000 | 790,000 | 821,000 | 833,000 |
| Securities available for sale | 25,839,000 | 25,967,000 | 34,406,000 | 52,457,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,744,000 | 161,183,000 | 171,562,000 | 176,509,000 |
| Interest-bearing deposits | 123,111,000 | 133,671,000 | 142,824,000 | 145,463,000 |
| Noninterest-bearing deposits | 22,633,000 | 27,512,000 | 28,738,000 | 31,046,000 |
| Equity capital | 18,391,000 | 18,623,000 | 18,901,000 | 19,315,000 |
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 | 1,635,000 | 3,176,000 | 4,671,000 | 6,273,000 |
| Interest expense | 130,000 | 212,000 | 292,000 | 367,000 |
| Net interest income | 1,505,000 | 2,964,000 | 4,379,000 | 5,906,000 |
| Noninterest income | 186,000 | 344,000 | 531,000 | 762,000 |
| Noninterest expense | 1,035,000 | 2,049,000 | 3,114,000 | 4,196,000 |
| Provision for loan losses | 9,000 | 36,000 | 63,000 | 90,000 |
| Pretax income | 647,000 | 1,223,000 | 1,733,000 | 2,382,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 647,000 | 1,223,000 | 1,733,000 | 2,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,160,000 | 18,102,000 | 18,360,000 | 18,744,000 |
| Total capital | 18,926,000 | 18,892,000 | — | 19,577,000 |
| Risk-weighted assets | 108,288,000 | 118,584,000 | — | 119,884,000 |