Call reports 2019
FARMERS AND MERCHANTS BANK, THE — 2019
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 111,925,000 | 110,217,000 | 111,934,000 | 111,915,000 |
| Total loans | 79,150,000 | 79,132,000 | 76,781,000 | 76,917,000 |
| Allowance for loan losses | 845,000 | 853,000 | 962,000 | 951,000 |
| Securities available for sale | 16,706,000 | 16,876,000 | 17,429,000 | 19,773,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,126,000 | 94,095,000 | 95,384,000 | 95,547,000 |
| Interest-bearing deposits | 72,680,000 | 71,088,000 | 71,725,000 | 72,088,000 |
| Noninterest-bearing deposits | 23,446,000 | 23,007,000 | 23,659,000 | 23,459,000 |
| Equity capital | 15,651,000 | 15,888,000 | 16,279,000 | 16,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,386,000 | 2,751,000 | 4,135,000 | 5,548,000 |
| Interest expense | 84,000 | 187,000 | 298,000 | 412,000 |
| Net interest income | 1,302,000 | 2,564,000 | 3,837,000 | 5,136,000 |
| Noninterest income | 68,000 | 165,000 | 227,000 | 282,000 |
| Noninterest expense | 905,000 | 1,764,000 | 2,601,000 | 3,489,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 350,000 |
| Pretax income | 360,000 | 754,000 | 1,147,000 | 1,579,000 |
| Income tax | 65,000 | 137,000 | 208,000 | 291,000 |
| Net income | 295,000 | 617,000 | 939,000 | 1,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,766,000 | 15,813,000 | 16,135,000 | 16,029,000 |
| Total capital | 16,605,000 | 16,642,000 | 16,939,000 | 16,835,000 |
| Risk-weighted assets | 67,132,000 | 66,317,000 | 64,174,000 | 64,341,000 |