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 | 116,079,000 | 111,717,000 | 112,496,000 | 119,726,000 |
| Total loans | 46,012,000 | 45,303,000 | 44,575,000 | 43,470,000 |
| Allowance for loan losses | 694,000 | 672,000 | 681,000 | 614,000 |
| Securities available for sale | 47,316,000 | 44,389,000 | 45,420,000 | 43,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,143,000 | 95,102,000 | 95,960,000 | 103,513,000 |
| Interest-bearing deposits | 76,958,000 | 72,117,000 | 71,696,000 | 79,067,000 |
| Noninterest-bearing deposits | 23,185,000 | 22,985,000 | 24,264,000 | 24,446,000 |
| Equity capital | 15,738,000 | 16,376,000 | 16,245,000 | 16,011,000 |
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 | 1,009,000 | 2,040,000 | 3,068,000 | 4,090,000 |
| Interest expense | 88,000 | 178,000 | 265,000 | 352,000 |
| Net interest income | 921,000 | 1,862,000 | 2,803,000 | 3,738,000 |
| Noninterest income | 55,000 | 136,000 | 203,000 | 310,000 |
| Noninterest expense | 799,000 | 1,616,000 | 2,366,000 | 3,115,000 |
| Provision for loan losses | 20,000 | 40,000 | 40,000 | 70,000 |
| Pretax income | 157,000 | 355,000 | 613,000 | 876,000 |
| Income tax | 19,000 | 38,000 | 68,000 | 206,000 |
| Net income | 138,000 | 317,000 | 545,000 | 670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,423,000 | 16,367,000 | 16,256,000 | 16,430,000 |
| Total capital | 17,117,000 | 17,039,000 | 16,937,000 | 17,044,000 |
| Risk-weighted assets | 58,202,000 | 55,743,000 | 55,210,000 | 53,434,000 |