Call reports 2018
FARMERS AND MERCHANTS BANK, THE — 2018
What FARMERS AND MERCHANTS BANK, THE 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 | 112,333,000 | 112,174,000 | 111,716,000 | 111,071,000 |
| Total loans | 81,797,000 | 80,678,000 | 81,051,000 | 81,247,000 |
| Allowance for loan losses | 844,000 | 929,000 | 970,000 | 766,000 |
| Securities available for sale | 19,017,000 | 18,478,000 | 17,817,000 | 17,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,234,000 | 97,079,000 | 96,278,000 | 95,672,000 |
| Interest-bearing deposits | 74,632,000 | 73,697,000 | 72,332,000 | 71,172,000 |
| Noninterest-bearing deposits | 22,602,000 | 23,382,000 | 23,946,000 | 24,500,000 |
| Equity capital | 14,918,000 | 14,916,000 | 15,250,000 | 15,240,000 |
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 | 1,371,000 | 2,697,000 | 4,054,000 | 5,408,000 |
| Interest expense | 66,000 | 135,000 | 212,000 | 287,000 |
| Net interest income | 1,305,000 | 2,562,000 | 3,842,000 | 5,121,000 |
| Noninterest income | 51,000 | 116,000 | 198,000 | 262,000 |
| Noninterest expense | 837,000 | 1,737,000 | 2,554,000 | 3,427,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 446,000 | 793,000 | 1,263,000 | 1,658,000 |
| Income tax | 82,000 | 143,000 | 228,000 | 304,000 |
| Net income | 364,000 | 650,000 | 1,035,000 | 1,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,212,000 | 15,222,000 | 15,607,000 | 15,471,000 |
| Total capital | 16,056,000 | 16,090,000 | 16,472,000 | 16,237,000 |
| Risk-weighted assets | 70,360,000 | 69,368,000 | 69,055,000 | 69,265,000 |