Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 21,815,000 | 20,890,000 | 20,174,000 | 19,358,000 |
| Total loans | 10,505,000 | 10,593,000 | 10,600,000 | 10,468,000 |
| Allowance for loan losses | 86,000 | 85,000 | 85,000 | 86,000 |
| Securities available for sale | 4,839,000 | 3,874,000 | 3,521,000 | 3,242,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,236,000 | 19,303,000 | 18,565,000 | 17,812,000 |
| Interest-bearing deposits | 14,468,000 | 13,997,000 | 13,375,000 | 12,818,000 |
| Noninterest-bearing deposits | 5,768,000 | 5,306,000 | 5,191,000 | 4,995,000 |
| Equity capital | 1,574,000 | 1,585,000 | 1,607,000 | 1,544,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 206,000 | 415,000 | 635,000 | 846,000 |
| Interest expense | 7,000 | 14,000 | 22,000 | 30,000 |
| Net interest income | 199,000 | 401,000 | 613,000 | 816,000 |
| Noninterest income | 29,000 | 63,000 | 98,000 | 134,000 |
| Noninterest expense | 151,000 | 312,000 | 464,000 | 643,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 77,000 | 152,000 | 247,000 | 307,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 77,000 | 152,000 | 247,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,558,000 | 1,556,000 | 1,577,000 | 1,542,000 |
| Total capital | 1,644,000 | 1,641,000 | 1,662,000 | 1,628,000 |
| Risk-weighted assets | 13,029,000 | 14,006,000 | 12,241,000 | 12,491,000 |