Call reports 2014
FARMERS & MERCHANTS UNION BANK — 2014
What FARMERS & MERCHANTS UNION 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 | 260,173,000 | 277,730,000 | 289,626,000 | 305,734,000 |
| Total loans | 222,497,000 | 242,038,000 | 242,541,000 | 244,671,000 |
| Allowance for loan losses | 4,652,000 | 5,010,000 | 5,312,000 | 5,846,000 |
| Securities available for sale | 17,971,000 | 16,194,000 | 15,361,000 | 16,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,889,000 | 239,914,000 | 255,914,000 | 272,020,000 |
| Interest-bearing deposits | 183,476,000 | 200,412,000 | 219,903,000 | 223,567,000 |
| Noninterest-bearing deposits | 37,413,000 | 39,502,000 | 36,011,000 | 48,453,000 |
| Equity capital | 31,292,000 | 32,014,000 | 31,761,000 | 31,888,000 |
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 | 2,952,000 | 6,088,000 | 9,316,000 | 12,461,000 |
| Interest expense | 248,000 | 503,000 | 771,000 | 1,032,000 |
| Net interest income | 2,704,000 | 5,585,000 | 8,545,000 | 11,429,000 |
| Noninterest income | 218,000 | 461,000 | 724,000 | 604,000 |
| Noninterest expense | 1,470,000 | 2,736,000 | 4,315,000 | 5,800,000 |
| Provision for loan losses | 200,000 | 500,000 | 800,000 | 1,700,000 |
| Pretax income | 1,252,000 | 2,810,000 | 4,154,000 | 4,533,000 |
| Income tax | 553,000 | 1,170,000 | 1,772,000 | 1,778,000 |
| Net income | 699,000 | 1,640,000 | 2,382,000 | 2,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,944,000 | 31,633,000 | 31,376,000 | 31,515,000 |
| Total capital | 33,837,000 | 34,784,000 | 34,534,000 | 34,708,000 |
| Risk-weighted assets | 229,667,000 | 250,196,000 | 250,504,000 | 252,825,000 |