Call reports 2018
FARMERS & MERCHANTS BANK — 2018
What FARMERS & MERCHANTS 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 | 728,014,000 | 768,620,000 | 773,812,000 | 778,632,000 |
| Total loans | 655,953,000 | 683,943,000 | 685,380,000 | 694,709,000 |
| Allowance for loan losses | 6,415,000 | 7,105,000 | 7,273,000 | 5,240,000 |
| Securities available for sale | 8,312,000 | 8,262,000 | 8,244,000 | 8,289,000 |
| Securities held to maturity | 125,000 | 122,000 | 123,000 | 123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 569,219,000 | 568,736,000 | 589,487,000 | 592,058,000 |
| Interest-bearing deposits | 522,215,000 | 520,936,000 | 543,947,000 | 544,473,000 |
| Noninterest-bearing deposits | 47,004,000 | 47,800,000 | 45,540,000 | 47,585,000 |
| Equity capital | 89,693,000 | 89,435,000 | 90,312,000 | 89,179,000 |
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 | 8,743,000 | 17,705,000 | 27,033,000 | 36,708,000 |
| Interest expense | 979,000 | 2,094,000 | 3,398,000 | 4,832,000 |
| Net interest income | 7,764,000 | 15,611,000 | 23,635,000 | 31,876,000 |
| Noninterest income | 1,538,000 | 3,278,000 | 5,145,000 | 7,020,000 |
| Noninterest expense | 6,249,000 | 12,646,000 | 19,398,000 | 25,827,000 |
| Provision for loan losses | 680,000 | 2,030,000 | 2,480,000 | 2,930,000 |
| Pretax income | 2,373,000 | 4,213,000 | 6,902,000 | 10,139,000 |
| Income tax | 155,000 | 320,000 | 649,000 | 1,078,000 |
| Net income | 2,229,000 | 3,888,000 | 6,263,000 | 9,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,150,000 | 90,913,000 | 91,791,000 | 90,357,000 |
| Total capital | 97,565,000 | 98,018,000 | 99,064,000 | 95,597,000 |
| Risk-weighted assets | 616,131,000 | 657,076,000 | 657,070,000 | 661,943,000 |