Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 20,658,000 | 20,018,000 | 19,305,000 | 18,800,000 |
| Total loans | 10,651,000 | 11,105,000 | 11,139,000 | 11,827,000 |
| Allowance for loan losses | 87,000 | 87,000 | 87,000 | 88,000 |
| Securities available for sale | 3,334,000 | 3,062,000 | 2,385,000 | 2,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,096,000 | 18,452,000 | 17,736,000 | 17,239,000 |
| Interest-bearing deposits | 13,450,000 | 13,300,000 | 12,512,000 | 12,341,000 |
| Noninterest-bearing deposits | 5,646,000 | 5,152,000 | 5,225,000 | 4,898,000 |
| Equity capital | 1,560,000 | 1,565,000 | 1,567,000 | 1,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 212,000 | 432,000 | 667,000 | 909,000 |
| Interest expense | 7,000 | 14,000 | 21,000 | 27,000 |
| Net interest income | 205,000 | 418,000 | 646,000 | 882,000 |
| Noninterest income | 30,000 | 68,000 | 98,000 | 134,000 |
| Noninterest expense | 154,000 | 322,000 | 488,000 | 683,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 81,000 | 164,000 | 256,000 | 333,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 81,000 | 164,000 | 256,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,564,000 | 1,566,000 | 1,576,000 | 1,561,000 |
| Total capital | 1,651,000 | 1,653,000 | 1,663,000 | 1,649,000 |
| Risk-weighted assets | 12,883,000 | 14,128,000 | 12,483,000 | 13,488,000 |