Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 59,708,000 | 61,448,000 | 61,107,000 | 60,262,000 |
| Total loans | 17,240,000 | 18,427,000 | 17,939,000 | 18,052,000 |
| Allowance for loan losses | 523,000 | 541,000 | 534,000 | 514,000 |
| Securities available for sale | 18,146,000 | 19,900,000 | 19,027,000 | 19,711,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,777,000 | 55,311,000 | 54,874,000 | 53,930,000 |
| Interest-bearing deposits | 42,121,000 | 42,542,000 | 41,407,000 | 39,635,000 |
| Noninterest-bearing deposits | 11,656,000 | 12,769,000 | 13,467,000 | 14,295,000 |
| Equity capital | 5,868,000 | 6,055,000 | 6,142,000 | 6,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 321,000 | 650,000 | 987,000 | 1,317,000 |
| Interest expense | 36,000 | 70,000 | 104,000 | 137,000 |
| Net interest income | 285,000 | 580,000 | 883,000 | 1,180,000 |
| Noninterest income | 52,000 | 110,000 | 165,000 | 218,000 |
| Noninterest expense | 218,000 | 433,000 | 655,000 | 898,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 123,000 | 260,000 | 396,000 | 511,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 123,000 | 260,000 | 396,000 | 511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,926,000 | 6,023,000 | 6,120,000 | 6,184,000 |
| Total capital | 6,142,000 | 6,253,000 | 6,344,000 | 6,410,000 |
| Risk-weighted assets | 22,383,000 | 25,079,000 | 23,567,000 | 23,957,000 |