Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 56,633,000 | 55,161,000 | 52,327,000 | 53,183,000 |
| Total loans | 18,521,000 | 19,457,000 | 19,942,000 | 19,932,000 |
| Allowance for loan losses | 478,000 | 475,000 | 466,000 | 433,000 |
| Securities available for sale | 21,671,000 | 22,182,000 | 22,203,000 | 22,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,321,000 | 47,573,000 | 44,610,000 | 45,399,000 |
| Interest-bearing deposits | 35,243,000 | 35,144,000 | 34,282,000 | 34,043,000 |
| Noninterest-bearing deposits | 14,078,000 | 12,429,000 | 10,328,000 | 11,356,000 |
| Equity capital | 7,186,000 | 7,447,000 | 7,542,000 | 7,636,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 448,000 | 907,000 | 1,378,000 | 1,826,000 |
| Interest expense | 89,000 | 185,000 | 289,000 | 394,000 |
| Net interest income | 359,000 | 722,000 | 1,089,000 | 1,432,000 |
| Noninterest income | 54,000 | 109,000 | 164,000 | 222,000 |
| Noninterest expense | 235,000 | 478,000 | 731,000 | 986,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 178,000 | 353,000 | 520,000 | 666,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 178,000 | 353,000 | 520,000 | 666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,335,000 | 7,410,000 | 7,477,000 | 7,553,000 |
| Total capital | 7,635,000 | 7,697,000 | 7,783,000 | 7,856,000 |
| Risk-weighted assets | 23,824,000 | 22,847,000 | 24,351,000 | 24,161,000 |