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 | 41,003,000 | 40,729,000 | 40,793,000 | 40,434,000 |
| Total loans | 21,665,000 | 22,187,000 | 22,931,000 | 21,973,000 |
| Allowance for loan losses | 437,000 | 439,000 | 434,000 | 433,000 |
| Securities available for sale | 9,803,000 | 9,242,000 | 9,030,000 | 8,958,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,245,000 | 35,873,000 | 35,873,000 | 35,535,000 |
| Interest-bearing deposits | 26,368,000 | 26,302,000 | 26,702,000 | 26,655,000 |
| Noninterest-bearing deposits | 9,878,000 | 9,570,000 | 9,171,000 | 8,879,000 |
| Equity capital | 4,654,000 | 4,742,000 | 4,782,000 | 4,862,000 |
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 | 453,000 | 891,000 | 1,335,000 | 1,789,000 |
| Interest expense | 29,000 | 52,000 | 89,000 | 125,000 |
| Net interest income | 424,000 | 839,000 | 1,246,000 | 1,664,000 |
| Noninterest income | 37,000 | 62,000 | 96,000 | 126,000 |
| Noninterest expense | 296,000 | 594,000 | 897,000 | 1,172,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 165,000 | 308,000 | 443,000 | 616,000 |
| Income tax | 47,000 | 75,000 | 113,000 | 150,000 |
| Net income | 118,000 | 233,000 | 330,000 | 466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,821,000 | 4,902,000 | 5,057,000 | 5,034,000 |
| Total capital | 5,107,000 | 5,189,000 | 5,355,000 | 5,320,000 |
| Risk-weighted assets | 22,738,000 | 22,782,000 | 23,735,000 | 22,745,000 |