Call reports 2017
FARMERS & MERCHANTS BANK, THE — 2017
What FARMERS & MERCHANTS BANK, THE 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 | 990,912,000 | 994,533,000 | 1,002,147,000 | 1,007,589,000 |
| Total loans | 625,534,000 | 658,436,000 | 688,811,000 | 663,095,000 |
| Allowance for loan losses | 6,542,000 | 6,829,000 | 6,964,000 | 6,710,000 |
| Securities available for sale | 202,245,000 | 213,346,000 | 200,339,000 | 228,898,000 |
| Securities held to maturity | 786,000 | 755,000 | 742,000 | 702,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 803,698,000 | 777,299,000 | 767,637,000 | 780,747,000 |
| Interest-bearing deposits | 628,745,000 | 607,179,000 | 592,803,000 | 606,973,000 |
| Noninterest-bearing deposits | 174,953,000 | 170,120,000 | 174,834,000 | 173,774,000 |
| Equity capital | 129,330,000 | 132,426,000 | 134,823,000 | 135,347,000 |
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 | 8,971,000 | 18,706,000 | 28,693,000 | 39,048,000 |
| Interest expense | 614,000 | 1,239,000 | 2,048,000 | 2,822,000 |
| Net interest income | 8,357,000 | 17,467,000 | 26,645,000 | 36,226,000 |
| Noninterest income | 2,103,000 | 3,613,000 | 4,984,000 | 6,489,000 |
| Noninterest expense | 6,951,000 | 13,487,000 | 20,084,000 | 26,747,000 |
| Provision for loan losses | 375,000 | 750,000 | 1,150,000 | 1,640,000 |
| Pretax income | 3,138,000 | 6,849,000 | 10,437,000 | 14,377,000 |
| Income tax | 1,410,000 | 2,820,000 | 3,650,000 | 5,640,000 |
| Net income | 1,728,000 | 4,029,000 | 6,787,000 | 8,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,297,000 | 107,819,000 | 110,774,000 | 113,017,000 |
| Total capital | 115,839,000 | 114,648,000 | 117,738,000 | 119,727,000 |
| Risk-weighted assets | 739,985,000 | 756,099,000 | 791,934,000 | 783,626,000 |