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 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 118,527,000 | 118,639,000 | 114,486,000 | 123,204,000 |
| Total loans | 43,779,000 | 42,430,000 | 43,524,000 | 43,402,000 |
| Allowance for loan losses | 737,000 | 796,000 | 851,000 | 768,000 |
| Securities available for sale | 41,054,000 | 40,541,000 | 40,281,000 | 40,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,197,000 | 100,328,000 | 96,083,000 | 104,456,000 |
| Interest-bearing deposits | 72,368,000 | 72,970,000 | 69,435,000 | 78,447,000 |
| Noninterest-bearing deposits | 28,829,000 | 27,358,000 | 26,649,000 | 26,009,000 |
| Equity capital | 17,109,000 | 17,941,000 | 17,852,000 | 18,182,000 |
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 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,147,000 | 2,297,000 | 3,456,000 | 4,526,000 |
| Interest expense | 110,000 | 236,000 | 370,000 | 508,000 |
| Net interest income | 1,037,000 | 2,061,000 | 3,086,000 | 4,018,000 |
| Noninterest income | 140,000 | 286,000 | 441,000 | 570,000 |
| Noninterest expense | 752,000 | 1,530,000 | 2,282,000 | 2,984,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 180,000 |
| Pretax income | 365,000 | 697,000 | 1,065,000 | 1,403,000 |
| Income tax | 50,000 | 110,000 | 170,000 | 230,000 |
| Net income | 315,000 | 587,000 | 895,000 | 1,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,618,000 | 17,926,000 | 17,692,000 | 17,969,000 |
| Total capital | 18,212,000 | 18,502,000 | 18,278,000 | 18,579,000 |
| Risk-weighted assets | 47,396,000 | 45,713,000 | 46,645,000 | 48,672,000 |