Call reports 2018
FARMERS & MERCHANTS UNION BANK — 2018
What FARMERS & MERCHANTS UNION 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 | 393,655,000 | 400,544,000 | 395,175,000 | 403,201,000 |
| Total loans | 356,532,000 | 359,761,000 | 350,081,000 | 347,986,000 |
| Allowance for loan losses | 11,572,000 | 11,826,000 | 12,027,000 | 14,934,000 |
| Securities available for sale | 18,911,000 | 20,506,000 | 21,312,000 | 18,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 349,739,000 | 349,334,000 | 342,637,000 | 352,109,000 |
| Interest-bearing deposits | 296,492,000 | 297,543,000 | 293,680,000 | 291,651,000 |
| Noninterest-bearing deposits | 53,247,000 | 51,791,000 | 48,957,000 | 60,458,000 |
| Equity capital | 40,173,000 | 41,414,000 | 42,729,000 | 42,416,000 |
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 | 4,459,000 | 9,101,000 | 13,681,000 | 18,385,000 |
| Interest expense | 754,000 | 1,664,000 | 2,736,000 | 3,889,000 |
| Net interest income | 3,705,000 | 7,437,000 | 10,945,000 | 14,496,000 |
| Noninterest income | 231,000 | 450,000 | 678,000 | 903,000 |
| Noninterest expense | 1,607,000 | 3,115,000 | 4,705,000 | 6,569,000 |
| Provision for loan losses | 300,000 | 550,000 | 750,000 | 3,700,000 |
| Pretax income | 2,029,000 | 4,222,000 | 6,168,000 | 5,130,000 |
| Income tax | 622,000 | 1,276,000 | 1,819,000 | 842,000 |
| Net income | 1,407,000 | 2,946,000 | 4,349,000 | 4,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,186,000 | 41,448,000 | 42,848,000 | 42,439,000 |
| Total capital | 44,915,000 | 46,185,000 | 47,477,000 | 47,091,000 |
| Risk-weighted assets | 371,463,000 | 371,839,000 | 365,458,000 | 361,918,000 |