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 | 115,718,000 | 113,660,000 | 112,150,000 | 119,924,000 |
| Total loans | 54,808,000 | 53,405,000 | 52,325,000 | 50,514,000 |
| Allowance for loan losses | 746,000 | 751,000 | 726,000 | 679,000 |
| Securities available for sale | 47,394,000 | 48,811,000 | 48,076,000 | 48,950,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,895,000 | 98,980,000 | 97,040,000 | 104,569,000 |
| Interest-bearing deposits | 81,656,000 | 80,232,000 | 78,102,000 | 83,879,000 |
| Noninterest-bearing deposits | 20,238,000 | 18,748,000 | 18,938,000 | 20,690,000 |
| Equity capital | 13,503,000 | 14,176,000 | 14,571,000 | 15,101,000 |
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 | 1,166,000 | 2,354,000 | 3,494,000 | 4,599,000 |
| Interest expense | 166,000 | 332,000 | 495,000 | 656,000 |
| Net interest income | 1,000,000 | 2,022,000 | 2,999,000 | 3,943,000 |
| Noninterest income | -59,000 | -129,000 | -58,000 | 44,000 |
| Noninterest expense | 833,000 | 1,718,000 | 2,476,000 | 3,067,000 |
| Provision for loan losses | 0 | 26,000 | 121,000 | 336,000 |
| Pretax income | 92,000 | 128,000 | 255,000 | 467,000 |
| Income tax | 6,000 | 25,000 | 28,000 | 0 |
| Net income | 86,000 | 103,000 | 227,000 | 467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,052,000 | 15,070,000 | 15,193,000 | 15,292,000 |
| Total capital | 15,798,000 | 15,821,000 | 15,919,000 | 15,971,000 |
| Risk-weighted assets | 64,740,000 | 62,456,000 | 66,355,000 | 59,554,000 |