Call reports 2014
FARMERS & MERCHANTS BANK — 2014
What FARMERS & MERCHANTS 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 | 572,838,000 | 568,506,000 | 593,703,000 | 604,971,000 |
| Total loans | 491,905,000 | 509,003,000 | 522,977,000 | 531,584,000 |
| Allowance for loan losses | 8,009,000 | 7,995,000 | 8,601,000 | 8,725,000 |
| Securities available for sale | 11,241,000 | 11,178,000 | 11,140,000 | 13,080,000 |
| Securities held to maturity | 106,000 | 100,000 | 125,000 | 125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,434,000 | 473,092,000 | 488,177,000 | 492,719,000 |
| Interest-bearing deposits | 446,676,000 | 437,797,000 | 453,398,000 | 456,266,000 |
| Noninterest-bearing deposits | 27,758,000 | 35,295,000 | 34,779,000 | 36,453,000 |
| Equity capital | 64,655,000 | 65,841,000 | 67,112,000 | 76,258,000 |
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 | 6,291,000 | 12,965,000 | 19,838,000 | 26,772,000 |
| Interest expense | 950,000 | 1,869,000 | 2,777,000 | 3,648,000 |
| Net interest income | 5,341,000 | 11,096,000 | 17,061,000 | 23,124,000 |
| Noninterest income | 778,000 | 1,683,000 | 2,658,000 | 3,485,000 |
| Noninterest expense | 3,736,000 | 7,533,000 | 11,456,000 | 15,649,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,250,000 | 2,250,000 |
| Pretax income | 1,633,000 | 3,746,000 | 6,013,000 | 8,710,000 |
| Income tax | 497,000 | 1,160,000 | 1,872,000 | 2,658,000 |
| Net income | 1,136,000 | 2,586,000 | 4,141,000 | 6,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,898,000 | 64,099,000 | 65,354,000 | 75,915,000 |
| Total capital | 76,811,000 | 78,056,000 | 79,295,000 | 81,921,000 |
| Risk-weighted assets | 439,708,000 | 452,978,000 | 472,585,000 | 478,512,000 |