Call reports 2017
FARMERS & MERCHANTS BANK — 2017
What FARMERS & MERCHANTS 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 | 714,199,000 | 743,708,000 | 763,001,000 | 751,801,000 |
| Total loans | 628,704,000 | 655,202,000 | 678,137,000 | 656,749,000 |
| Allowance for loan losses | 7,317,000 | 7,216,000 | 6,942,000 | 6,044,000 |
| Securities available for sale | 24,604,000 | 24,573,000 | 22,547,000 | 28,480,000 |
| Securities held to maturity | 125,000 | 125,000 | 125,000 | 125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 537,456,000 | 537,766,000 | 563,686,000 | 570,034,000 |
| Interest-bearing deposits | 495,281,000 | 496,198,000 | 518,061,000 | 523,821,000 |
| Noninterest-bearing deposits | 42,175,000 | 41,568,000 | 45,625,000 | 46,213,000 |
| Equity capital | 86,568,000 | 87,530,000 | 88,752,000 | 88,829,000 |
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 | 8,005,000 | 16,266,000 | 24,955,000 | 34,096,000 |
| Interest expense | 879,000 | 1,831,000 | 2,861,000 | 3,897,000 |
| Net interest income | 7,126,000 | 14,435,000 | 22,094,000 | 30,199,000 |
| Noninterest income | 1,773,000 | 3,416,000 | 5,313,000 | 6,889,000 |
| Noninterest expense | 5,648,000 | 11,533,000 | 17,605,000 | 23,945,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,251,000 | 6,276,000 | 9,760,000 | 13,101,000 |
| Income tax | 895,000 | 1,722,000 | 2,686,000 | 4,426,000 |
| Net income | 2,338,000 | 4,551,000 | 7,022,000 | 8,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,064,000 | 88,026,000 | 89,144,000 | 89,519,000 |
| Total capital | 94,381,000 | 95,242,000 | 96,086,000 | 95,563,000 |
| Risk-weighted assets | 600,911,000 | 624,410,000 | 641,393,000 | 620,179,000 |