Call reports 2020
FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE — 2020
What FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE 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 | 114,750,000 | 122,076,000 | 120,421,000 | 130,304,000 |
| Total loans | 42,398,000 | 43,421,000 | 42,402,000 | 39,401,000 |
| Allowance for loan losses | 931,000 | 962,000 | 985,000 | 985,000 |
| Securities available for sale | 60,430,000 | 65,781,000 | 65,957,000 | 69,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,726,000 | 103,891,000 | 101,929,000 | 114,056,000 |
| Interest-bearing deposits | 74,119,000 | 76,335,000 | 76,286,000 | 84,607,000 |
| Noninterest-bearing deposits | 24,607,000 | 27,556,000 | 25,643,000 | 29,449,000 |
| Equity capital | 15,000,000 | 17,228,000 | 17,413,000 | 15,217,000 |
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 | 1,066,000 | 2,260,000 | 3,299,000 | 4,296,000 |
| Interest expense | 127,000 | 235,000 | 325,000 | 407,000 |
| Net interest income | 939,000 | 2,025,000 | 2,974,000 | 3,889,000 |
| Noninterest income | 236,000 | 645,000 | 736,000 | 836,000 |
| Noninterest expense | 607,000 | 1,572,000 | 2,142,000 | 2,770,000 |
| Provision for loan losses | 5,000 | 35,000 | 55,000 | 55,000 |
| Pretax income | 578,000 | 1,070,000 | 1,520,000 | 1,969,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 578,000 | 1,070,000 | 1,520,000 | 1,969,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,695,000 | 14,967,000 | 15,087,000 | 13,043,000 |
| Total capital | 15,438,000 | 15,752,000 | — | — |
| Risk-weighted assets | 59,223,000 | 62,476,000 | — | — |