Call reports 2020
FARMERS & MERCHANTS BANK — 2020
What FARMERS & MERCHANTS 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 | 827,389,000 | 980,864,000 | 1,014,814,000 | 966,611,000 |
| Total loans | 670,349,000 | 751,932,000 | 760,564,000 | 720,081,000 |
| Allowance for loan losses | 9,437,000 | 10,033,000 | 10,826,000 | 10,475,000 |
| Securities available for sale | 7,277,000 | 81,045,000 | 107,085,000 | 106,899,000 |
| Securities held to maturity | 125,000 | 125,000 | 125,000 | 125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 682,058,000 | 771,342,000 | 810,381,000 | 832,827,000 |
| Interest-bearing deposits | 621,451,000 | 689,156,000 | 730,487,000 | 701,666,000 |
| Noninterest-bearing deposits | 60,607,000 | 82,186,000 | 79,894,000 | 131,161,000 |
| Equity capital | 87,508,000 | 89,665,000 | 91,833,000 | 94,781,000 |
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 | 9,111,000 | 18,102,000 | 27,280,000 | 36,792,000 |
| Interest expense | 1,706,000 | 3,091,000 | 4,393,000 | 5,453,000 |
| Net interest income | 7,405,000 | 15,011,000 | 22,887,000 | 31,339,000 |
| Noninterest income | 2,069,000 | 4,873,000 | 7,728,000 | 10,385,000 |
| Noninterest expense | 6,785,000 | 13,749,000 | 20,846,000 | 28,590,000 |
| Provision for loan losses | 1,500,000 | 2,300,000 | 3,300,000 | 3,300,000 |
| Pretax income | 1,189,000 | 3,835,000 | 6,469,000 | 9,834,000 |
| Income tax | -52,000 | 229,000 | 586,000 | 1,023,000 |
| Net income | 1,179,000 | 3,606,000 | 5,778,000 | 8,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,001,000 | 90,187,000 | 92,120,000 | 95,051,000 |
| Total capital | 96,310,000 | 99,017,000 | 101,030,000 | 103,838,000 |
| Risk-weighted assets | 663,565,000 | 705,209,000 | 710,848,000 | 701,306,000 |