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 | 117,663,000 | 114,930,000 | 110,041,000 | 114,716,000 |
| Total loans | 43,277,000 | 42,422,000 | 43,907,000 | 43,291,000 |
| Allowance for loan losses | 655,000 | 653,000 | 622,000 | 676,000 |
| Securities available for sale | 43,591,000 | 43,256,000 | 43,022,000 | 42,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,801,000 | 98,837,000 | 93,907,000 | 98,254,000 |
| Interest-bearing deposits | 73,817,000 | 73,314,000 | 68,219,000 | 73,046,000 |
| Noninterest-bearing deposits | 27,984,000 | 25,523,000 | 25,688,000 | 25,208,000 |
| Equity capital | 15,657,000 | 15,848,000 | 15,827,000 | 16,297,000 |
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 | 1,049,000 | 2,111,000 | 3,228,000 | 4,325,000 |
| Interest expense | 82,000 | 165,000 | 255,000 | 356,000 |
| Net interest income | 967,000 | 1,946,000 | 2,973,000 | 3,969,000 |
| Noninterest income | 102,000 | 224,000 | 368,000 | 509,000 |
| Noninterest expense | 742,000 | 1,431,000 | 2,138,000 | 2,820,000 |
| Provision for loan losses | 75,000 | 185,000 | 285,000 | 381,000 |
| Pretax income | 252,000 | 554,000 | 919,000 | 1,278,000 |
| Income tax | 50,000 | 100,000 | 150,000 | 192,000 |
| Net income | 202,000 | 454,000 | 769,000 | 1,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,942,000 | 17,187,000 | 17,592,000 | 17,303,000 |
| Total capital | 17,597,000 | 17,840,000 | 18,214,000 | 17,896,000 |
| Risk-weighted assets | 53,472,000 | 52,280,000 | 54,296,000 | 47,350,000 |