Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 10,160,000 | 10,899,000 | 9,644,000 | 8,920,000 |
| Total loans | 1,105,000 | 825,000 | 869,000 | 847,000 |
| Allowance for loan losses | 37,000 | 37,000 | 37,000 | 37,000 |
| Securities available for sale | 3,815,000 | 4,153,000 | 4,111,000 | 4,090,000 |
| Securities held to maturity | 2,340,000 | 2,341,000 | 2,340,000 | 2,340,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,614,000 | 10,272,000 | 9,005,000 | 7,715,000 |
| Interest-bearing deposits | 4,981,000 | 4,943,000 | 3,952,000 | 3,166,000 |
| Noninterest-bearing deposits | 4,633,000 | 5,329,000 | 5,053,000 | 4,549,000 |
| Equity capital | 540,000 | 623,000 | 635,000 | 675,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 72,000 | 139,000 | 203,000 | 270,000 |
| Interest expense | 7,000 | 15,000 | 20,000 | 22,000 |
| Net interest income | 65,000 | 124,000 | 183,000 | 248,000 |
| Noninterest income | 10,000 | 21,000 | 35,000 | 48,000 |
| Noninterest expense | 54,000 | 121,000 | 204,000 | 288,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 18,000 | 21,000 | 11,000 | 11,000 |
| Income tax | 0 | 0 | 0 | -3,000 |
| Net income | 18,000 | 21,000 | 11,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 728,000 | 730,000 | 721,000 | 724,000 |
| Total capital | 760,000 | 758,000 | 750,000 | 752,000 |
| Risk-weighted assets | 2,555,000 | 2,326,000 | 2,363,000 | 2,302,000 |