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 | 51,785,000 | 52,305,000 | 51,965,000 | 54,319,000 |
| Total loans | 17,520,000 | 18,338,000 | 18,075,000 | 17,805,000 |
| Allowance for loan losses | 498,000 | 490,000 | 488,000 | 482,000 |
| Securities available for sale | 19,011,000 | 18,682,000 | 18,354,000 | 19,020,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,986,000 | 45,391,000 | 44,977,000 | 47,448,000 |
| Interest-bearing deposits | 33,211,000 | 32,138,000 | 32,617,000 | 34,552,000 |
| Noninterest-bearing deposits | 11,775,000 | 13,253,000 | 12,360,000 | 12,896,000 |
| Equity capital | 6,735,000 | 6,830,000 | 6,886,000 | 6,802,000 |
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 | 325,000 | 664,000 | 1,014,000 | 1,373,000 |
| Interest expense | 27,000 | 56,000 | 88,000 | 125,000 |
| Net interest income | 298,000 | 608,000 | 926,000 | 1,248,000 |
| Noninterest income | 51,000 | 103,000 | 156,000 | 211,000 |
| Noninterest expense | 224,000 | 448,000 | 677,000 | 917,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 120,000 | 259,000 | 401,000 | 533,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 120,000 | 259,000 | 401,000 | 533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,814,000 | 6,873,000 | 6,935,000 | 6,977,000 |
| Total capital | 7,084,000 | 7,164,000 | 7,219,000 | 7,271,000 |
| Risk-weighted assets | 21,395,000 | 23,125,000 | 22,534,000 | 23,362,000 |