Call reports 2020
FARMERS & MERCHANTS BANK OF COLBY — 2020
What FARMERS & MERCHANTS BANK OF COLBY 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 | 250,017,000 | 262,171,000 | 282,763,000 | 300,408,000 |
| Total loans | 172,206,000 | 184,143,000 | 194,152,000 | 194,651,000 |
| Allowance for loan losses | 2,209,000 | 2,360,000 | 1,835,000 | 2,486,000 |
| Securities available for sale | 65,072,000 | 67,906,000 | 69,462,000 | 68,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,519,000 | 171,873,000 | 192,658,000 | 215,641,000 |
| Interest-bearing deposits | 153,222,000 | 150,465,000 | 171,509,000 | 187,387,000 |
| Noninterest-bearing deposits | 18,297,000 | 21,408,000 | 21,149,000 | 28,255,000 |
| Equity capital | 35,242,000 | 37,081,000 | 38,574,000 | 38,232,000 |
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 | 2,902,000 | 5,969,000 | 9,038,000 | 12,141,000 |
| Interest expense | 743,000 | 1,326,000 | 1,866,000 | 2,372,000 |
| Net interest income | 2,159,000 | 4,643,000 | 7,172,000 | 9,769,000 |
| Noninterest income | 149,000 | 325,000 | 481,000 | 628,000 |
| Noninterest expense | 708,000 | 1,569,000 | 2,519,000 | 3,963,000 |
| Provision for loan losses | 150,000 | 300,000 | 750,000 | 1,350,000 |
| Pretax income | 1,450,000 | 3,099,000 | 4,404,000 | 5,104,000 |
| Income tax | 317,000 | 630,000 | 677,000 | 877,000 |
| Net income | 1,133,000 | 2,469,000 | 3,727,000 | 4,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,936,000 | 35,272,000 | 36,530,000 | 35,829,000 |