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 | 36,313,000 | 34,626,000 | 34,512,000 | 34,285,000 |
| Total loans | 18,988,000 | 18,809,000 | 18,342,000 | 17,490,000 |
| Allowance for loan losses | 432,000 | 427,000 | 498,000 | 448,000 |
| Securities available for sale | 7,158,000 | 6,900,000 | 6,950,000 | 6,934,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,092,000 | 29,294,000 | 29,382,000 | 29,080,000 |
| Interest-bearing deposits | 24,678,000 | 23,333,000 | 22,702,000 | 22,485,000 |
| Noninterest-bearing deposits | 6,414,000 | 5,961,000 | 6,680,000 | 6,595,000 |
| Equity capital | 3,843,000 | 3,926,000 | 3,990,000 | 4,060,000 |
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 | 409,000 | 801,000 | 1,194,000 | 1,563,000 |
| Interest expense | 41,000 | 77,000 | 113,000 | 146,000 |
| Net interest income | 368,000 | 724,000 | 1,081,000 | 1,417,000 |
| Noninterest income | 69,000 | 98,000 | 154,000 | 189,000 |
| Noninterest expense | 314,000 | 625,000 | 882,000 | 1,162,000 |
| Provision for loan losses | 26,000 | 52,000 | 124,000 | 150,000 |
| Pretax income | 140,000 | 190,000 | 274,000 | 342,000 |
| Income tax | 23,000 | 47,000 | 77,000 | 115,000 |
| Net income | 117,000 | 143,000 | 197,000 | 227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,833,000 | 3,858,000 | 3,913,000 | 3,943,000 |
| Total capital | 4,083,000 | 4,101,000 | 4,148,000 | 4,166,000 |
| Risk-weighted assets | 19,767,000 | 19,198,000 | 18,493,000 | 17,568,000 |