Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Total assets | 41,219,000 | 41,704,000 |
| Total loans | 21,720,000 | 20,890,000 |
| Allowance for loan losses | 436,000 | 444,000 |
| Securities available for sale | 9,342,000 | 8,761,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 36,026,000 | 36,336,000 |
| Interest-bearing deposits | 26,906,000 | 26,882,000 |
| Noninterest-bearing deposits | 9,120,000 | 9,454,000 |
| Equity capital | 5,124,000 | 5,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Interest income | 448,000 | 896,000 |
| Interest expense | 45,000 | 96,000 |
| Net interest income | 403,000 | 800,000 |
| Noninterest income | 23,000 | 47,000 |
| Noninterest expense | 263,000 | 511,000 |
| Provision for loan losses | 0 | 7,000 |
| Pretax income | 163,000 | 321,000 |
| Income tax | 37,000 | 153,000 |
| Net income | 126,000 | 168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Tier 1 capital | 5,161,000 | 5,187,000 |
| Total capital | 5,446,000 | 5,465,000 |
| Risk-weighted assets | 22,618,000 | 22,067,000 |