Call reports 2017
FARMERS & MERCHANTS UNION BANK — 2017
What FARMERS & MERCHANTS UNION 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 | 368,479,000 | 369,826,000 | 377,263,000 | 394,890,000 |
| Total loans | 334,798,000 | 339,446,000 | 344,670,000 | 349,607,000 |
| Allowance for loan losses | 10,062,000 | 10,493,000 | 10,793,000 | 11,245,000 |
| Securities available for sale | 17,286,000 | 16,409,000 | 15,030,000 | 17,087,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,578,000 | 327,947,000 | 333,849,000 | 352,688,000 |
| Interest-bearing deposits | 276,284,000 | 278,190,000 | 287,117,000 | 291,133,000 |
| Noninterest-bearing deposits | 51,294,000 | 49,757,000 | 46,732,000 | 61,555,000 |
| Equity capital | 36,927,000 | 37,913,000 | 39,263,000 | 38,872,000 |
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 | 4,000,000 | 8,265,000 | 12,655,000 | 17,042,000 |
| Interest expense | 503,000 | 1,064,000 | 1,741,000 | 2,476,000 |
| Net interest income | 3,497,000 | 7,201,000 | 10,914,000 | 14,566,000 |
| Noninterest income | 235,000 | 477,000 | 749,000 | 998,000 |
| Noninterest expense | 1,306,000 | 2,767,000 | 4,142,000 | 6,029,000 |
| Provision for loan losses | 200,000 | 500,000 | 800,000 | 1,500,000 |
| Pretax income | 2,226,000 | 4,411,000 | 6,721,000 | 8,035,000 |
| Income tax | 973,000 | 1,890,000 | 2,910,000 | 4,108,000 |
| Net income | 1,253,000 | 2,521,000 | 3,811,000 | 3,927,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,785,000 | 37,778,000 | 39,068,000 | 38,779,000 |
| Total capital | 41,167,000 | 42,219,000 | 43,653,000 | 43,364,000 |
| Risk-weighted assets | 344,863,000 | 349,379,000 | 360,562,000 | 360,128,000 |