Call reports 2020
FARMERS & MERCHANTS UNION BANK — 2020
What FARMERS & MERCHANTS UNION BANK 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 | 393,304,000 | 419,959,000 | 413,305,000 | 429,933,000 |
| Total loans | 318,302,000 | 333,791,000 | 332,293,000 | 318,495,000 |
| Allowance for loan losses | 13,723,000 | 14,105,000 | 14,561,000 | 12,893,000 |
| Securities available for sale | 30,224,000 | 32,832,000 | 38,130,000 | 39,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,299,000 | 362,165,000 | 353,949,000 | 370,689,000 |
| Interest-bearing deposits | 286,140,000 | 293,989,000 | 288,021,000 | 292,759,000 |
| Noninterest-bearing deposits | 55,159,000 | 68,176,000 | 65,928,000 | 77,930,000 |
| Equity capital | 48,008,000 | 49,419,000 | 50,830,000 | 51,102,000 |
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 | 4,511,000 | 8,825,000 | 12,997,000 | 17,205,000 |
| Interest expense | 1,078,000 | 2,046,000 | 2,870,000 | 3,605,000 |
| Net interest income | 3,433,000 | 6,779,000 | 10,127,000 | 13,600,000 |
| Noninterest income | 319,000 | 756,000 | 1,740,000 | 2,305,000 |
| Noninterest expense | 1,726,000 | 3,476,000 | 5,206,000 | 7,133,000 |
| Provision for loan losses | 200,000 | 400,000 | 750,000 | 2,100,000 |
| Pretax income | 1,826,000 | 3,659,000 | 5,911,000 | 6,672,000 |
| Income tax | 566,000 | 1,047,000 | 1,937,000 | 2,092,000 |
| Net income | 1,260,000 | 2,612,000 | 3,974,000 | 4,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,446,000 | 48,474,000 | 49,835,000 | 50,000,000 |
| Total capital | 51,798,000 | 53,035,000 | 54,422,000 | 54,388,000 |
| Risk-weighted assets | 338,794,000 | 355,373,000 | 357,014,000 | 342,536,000 |