Call reports 2020
FARMERS AND MERCHANTS BANK, THE — 2020
What FARMERS AND MERCHANTS BANK, THE 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 | 112,495,000 | 112,968,000 | 111,743,000 | 114,090,000 |
| Total loans | 76,549,000 | 78,750,000 | 76,661,000 | 75,628,000 |
| Allowance for loan losses | 1,027,000 | 1,090,000 | 1,177,000 | 1,044,000 |
| Securities available for sale | 18,716,000 | 19,677,000 | 22,220,000 | 24,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,912,000 | 95,726,000 | 93,937,000 | 96,449,000 |
| Interest-bearing deposits | 72,533,000 | 69,914,000 | 68,425,000 | 68,884,000 |
| Noninterest-bearing deposits | 23,379,000 | 25,812,000 | 25,512,000 | 27,565,000 |
| Equity capital | 16,350,000 | 16,923,000 | 17,426,000 | 17,312,000 |
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 | 1,333,000 | 2,686,000 | 3,999,000 | 5,328,000 |
| Interest expense | 112,000 | 208,000 | 286,000 | 348,000 |
| Net interest income | 1,221,000 | 2,478,000 | 3,713,000 | 4,980,000 |
| Noninterest income | 73,000 | 131,000 | 193,000 | 259,000 |
| Noninterest expense | 886,000 | 1,682,000 | 2,529,000 | 3,299,000 |
| Provision for loan losses | 90,000 | 190,000 | 295,000 | 400,000 |
| Pretax income | 322,000 | 742,000 | 1,087,000 | 1,545,000 |
| Income tax | 59,000 | 137,000 | 201,000 | 287,000 |
| Net income | 263,000 | 605,000 | 886,000 | 1,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,292,000 | 16,359,000 | 16,641,000 | 16,557,000 |