Call reports 2020
FARMERS & MERCHANTS BANK, THE — 2020
What FARMERS & MERCHANTS BANK, THE 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 | 1,491,952,000 | 1,599,354,000 | 1,611,358,000 | 1,682,839,000 |
| Total loans | 1,016,305,000 | 1,022,247,000 | 1,045,257,000 | 1,006,955,000 |
| Allowance for loan losses | 9,317,000 | 9,832,000 | 10,440,000 | 10,646,000 |
| Securities available for sale | 199,511,000 | 215,510,000 | 245,115,000 | 280,095,000 |
| Securities held to maturity | 509,000 | 476,000 | 462,000 | 1,055,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,211,371,000 | 1,312,696,000 | 1,330,149,000 | 1,393,553,000 |
| Interest-bearing deposits | 980,823,000 | 1,035,080,000 | 1,074,079,000 | 1,117,546,000 |
| Noninterest-bearing deposits | 230,548,000 | 277,616,000 | 256,070,000 | 276,007,000 |
| Equity capital | 206,818,000 | 206,481,000 | 210,649,000 | 208,756,000 |
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 | 15,389,000 | 29,976,000 | 44,928,000 | 59,691,000 |
| Interest expense | 2,112,000 | 3,799,000 | 5,305,000 | 6,670,000 |
| Net interest income | 13,277,000 | 26,177,000 | 39,623,000 | 53,021,000 |
| Noninterest income | 2,978,000 | 5,746,000 | 8,764,000 | 11,772,000 |
| Noninterest expense | 12,567,000 | 22,661,000 | 32,955,000 | 45,667,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 2,075,000 | 2,750,000 |
| Pretax income | 3,165,000 | 8,278,000 | 13,578,000 | 16,620,000 |
| Income tax | 598,000 | 1,760,000 | 2,882,000 | 3,508,000 |
| Net income | 2,567,000 | 6,518,000 | 10,696,000 | 13,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,757,000 | 148,197,000 | 152,659,000 | 150,862,000 |