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 | 38,656,000 | 40,231,000 | 40,013,000 | 40,241,000 |
| Total loans | 20,982,000 | 21,749,000 | 21,702,000 | 21,591,000 |
| Allowance for loan losses | 425,000 | 437,000 | 462,000 | 437,000 |
| Securities available for sale | 8,242,000 | 8,737,000 | 9,245,000 | 8,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,065,000 | 35,551,000 | 35,188,000 | 35,514,000 |
| Interest-bearing deposits | 25,756,000 | 25,984,000 | 24,951,000 | 25,729,000 |
| Noninterest-bearing deposits | 8,308,000 | 9,566,000 | 10,237,000 | 9,785,000 |
| Equity capital | 4,506,000 | 4,640,000 | 4,707,000 | 4,702,000 |
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 | 398,000 | 811,000 | 1,218,000 | 1,637,000 |
| Interest expense | 23,000 | 52,000 | 82,000 | 110,000 |
| Net interest income | 375,000 | 759,000 | 1,136,000 | 1,527,000 |
| Noninterest income | 41,000 | 73,000 | 102,000 | 135,000 |
| Noninterest expense | 259,000 | 557,000 | 831,000 | 1,112,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 157,000 | 275,000 | 407,000 | 550,000 |
| Income tax | 49,000 | 91,000 | 138,000 | 200,000 |
| Net income | 108,000 | 184,000 | 269,000 | 350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,500,000 | 4,546,000 | 4,642,000 | 4,672,000 |
| Total capital | 4,759,000 | 4,820,000 | 4,920,000 | 4,957,000 |
| Risk-weighted assets | 20,557,000 | 21,779,000 | 22,085,000 | 22,554,000 |