Call reports 2018
FARMERS & MERCHANTS BANK, THE — 2018
What FARMERS & MERCHANTS BANK, THE 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 | 1,016,150,000 | 1,066,138,000 | 1,098,479,000 | 1,063,088,000 |
| Total loans | 662,426,000 | 723,816,000 | 749,889,000 | 707,882,000 |
| Allowance for loan losses | 6,933,000 | 7,214,000 | 7,266,000 | 7,627,000 |
| Securities available for sale | 225,566,000 | 225,984,000 | 226,986,000 | 231,783,000 |
| Securities held to maturity | 689,000 | 658,000 | 645,000 | 613,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 779,004,000 | 754,177,000 | 751,210,000 | 773,072,000 |
| Interest-bearing deposits | 608,107,000 | 586,260,000 | 583,066,000 | 602,545,000 |
| Noninterest-bearing deposits | 170,897,000 | 167,917,000 | 168,144,000 | 170,527,000 |
| Equity capital | 132,272,000 | 134,681,000 | 135,665,000 | 138,928,000 |
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 | 9,724,000 | 20,196,000 | 31,308,000 | 42,527,000 |
| Interest expense | 753,000 | 1,909,000 | 3,609,000 | 5,350,000 |
| Net interest income | 8,971,000 | 18,287,000 | 27,699,000 | 37,177,000 |
| Noninterest income | 1,540,000 | 3,313,000 | 5,070,000 | 6,953,000 |
| Noninterest expense | 7,051,000 | 14,288,000 | 22,189,000 | 29,687,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,800,000 |
| Pretax income | 3,006,000 | 6,412,000 | 9,230,000 | 12,643,000 |
| Income tax | 604,000 | 1,296,000 | 1,750,000 | 2,395,000 |
| Net income | 2,402,000 | 5,116,000 | 7,480,000 | 10,248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,577,000 | 116,448,000 | 118,970,000 | 120,019,000 |
| Total capital | 120,510,000 | 123,662,000 | 126,236,000 | 127,646,000 |
| Risk-weighted assets | 781,414,000 | 842,960,000 | 870,337,000 | 837,200,000 |