Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 121,266,000 | 128,348,000 | 130,312,000 | 138,784,000 |
| Total loans | 44,925,000 | 46,635,000 | 46,169,000 | 44,613,000 |
| Allowance for loan losses | 752,000 | 748,000 | 761,000 | 721,000 |
| Securities available for sale | 43,499,000 | 47,017,000 | 46,521,000 | 45,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,417,000 | 108,757,000 | 110,451,000 | 118,798,000 |
| Interest-bearing deposits | 75,522,000 | 75,626,000 | 76,672,000 | 85,689,000 |
| Noninterest-bearing deposits | 27,894,000 | 33,132,000 | 33,780,000 | 33,109,000 |
| Equity capital | 17,543,000 | 18,944,000 | 19,182,000 | 19,447,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,088,000 | 2,097,000 | 3,109,000 | 4,043,000 |
| Interest expense | 138,000 | 276,000 | 408,000 | 541,000 |
| Net interest income | 950,000 | 1,821,000 | 2,701,000 | 3,502,000 |
| Noninterest income | 139,000 | 248,000 | 378,000 | 506,000 |
| Noninterest expense | 782,000 | 1,489,000 | 2,220,000 | 2,941,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 0 |
| Pretax income | 307,000 | 580,000 | 849,000 | 1,137,000 |
| Income tax | 55,000 | 90,000 | 120,000 | 124,000 |
| Net income | 252,000 | 490,000 | 729,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,229,000 | 17,878,000 | 18,117,000 | 18,406,000 |