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 | 20,567,000 | 20,522,000 | 20,550,000 | 19,825,000 |
| Total loans | 12,595,000 | 12,367,000 | 12,422,000 | 12,120,000 |
| Allowance for loan losses | 103,000 | 101,000 | 101,000 | 84,000 |
| Securities available for sale | 1,105,000 | 1,824,000 | 1,688,000 | 1,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,933,000 | 18,930,000 | 18,942,000 | 18,232,000 |
| Interest-bearing deposits | 12,942,000 | 13,204,000 | 13,819,000 | 12,965,000 |
| Noninterest-bearing deposits | 5,992,000 | 5,726,000 | 5,123,000 | 5,267,000 |
| Equity capital | 1,631,000 | 1,590,000 | 1,605,000 | 1,591,000 |
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 | 251,000 | 481,000 | 707,000 | 921,000 |
| Interest expense | 7,000 | 12,000 | 17,000 | 22,000 |
| Net interest income | 244,000 | 469,000 | 690,000 | 899,000 |
| Noninterest income | 61,000 | 90,000 | 131,000 | 167,000 |
| Noninterest expense | 163,000 | 328,000 | 487,000 | 645,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 132,000 | 221,000 | 324,000 | 411,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 132,000 | 221,000 | 324,000 | 411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,620,000 | 1,576,000 | 1,593,000 | 1,581,000 |
| Total capital | 1,723,000 | 1,677,000 | 1,694,000 | 1,665,000 |
| Risk-weighted assets | 14,393,000 | 14,019,000 | 14,262,000 | 13,613,000 |