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 | 54,797,000 | 54,967,000 | 53,949,000 | 53,719,000 |
| Total loans | 18,105,000 | 18,493,000 | 18,512,000 | 18,823,000 |
| Allowance for loan losses | 487,000 | 489,000 | 494,000 | 482,000 |
| Securities available for sale | 18,471,000 | 20,274,000 | 20,148,000 | 20,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,950,000 | 48,054,000 | 46,978,000 | 46,661,000 |
| Interest-bearing deposits | 34,570,000 | 34,890,000 | 34,346,000 | 33,469,000 |
| Noninterest-bearing deposits | 13,380,000 | 13,164,000 | 12,632,000 | 13,192,000 |
| Equity capital | 6,769,000 | 6,808,000 | 6,837,000 | 6,961,000 |
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 | 377,000 | 772,000 | 1,181,000 | 1,623,000 |
| Interest expense | 44,000 | 99,000 | 164,000 | 243,000 |
| Net interest income | 333,000 | 673,000 | 1,017,000 | 1,380,000 |
| Noninterest income | 55,000 | 116,000 | 170,000 | 223,000 |
| Noninterest expense | 222,000 | 457,000 | 688,000 | 963,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 166,000 | 323,000 | 479,000 | 620,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 166,000 | 323,000 | 479,000 | 620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,073,000 | 7,140,000 | 7,196,000 | 7,237,000 |
| Total capital | 7,377,000 | 7,439,000 | 7,499,000 | 7,537,000 |
| Risk-weighted assets | 24,137,000 | 23,732,000 | 24,066,000 | 23,896,000 |