Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND 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 | 7,831,000 | 9,154,000 | 8,299,000 | 7,382,000 |
| Total loans | 1,354,000 | 1,217,000 | 1,645,000 | 1,009,000 |
| Allowance for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Securities available for sale | 3,800,000 | 4,696,000 | 4,434,000 | 4,491,000 |
| Securities held to maturity | 103,000 | 103,000 | 103,000 | 103,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,068,000 | 8,204,000 | 7,331,000 | 6,417,000 |
| Interest-bearing deposits | 2,500,000 | 2,639,000 | 2,525,000 | 2,419,000 |
| Noninterest-bearing deposits | 4,568,000 | 5,565,000 | 4,806,000 | 3,998,000 |
| Equity capital | 761,000 | 916,000 | 928,000 | 923,000 |
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 | 57,000 | 113,000 | 165,000 | 213,000 |
| Interest expense | 1,000 | 2,000 | 2,000 | 4,000 |
| Net interest income | 56,000 | 111,000 | 163,000 | 209,000 |
| Noninterest income | 8,000 | 14,000 | 20,000 | 27,000 |
| Noninterest expense | 58,000 | 119,000 | 183,000 | 251,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 6,000 | 6,000 | 0 | -15,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,000 | 6,000 | 0 | -15,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 790,000 | 756,000 | 745,000 | 728,000 |
| Total capital | 819,000 | 786,000 | 781,000 | 755,000 |
| Risk-weighted assets | 2,325,000 | 2,392,000 | 2,928,000 | 2,167,000 |