Call reports 2014
FARMERS AND MERCHANTS BANK OF ASHLAND — 2014
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 70,027,000 | 71,724,000 | 67,045,000 | 68,059,000 |
| Total loans | 42,955,000 | 45,632,000 | 45,595,000 | 47,490,000 |
| Allowance for loan losses | 487,000 | 538,000 | 555,000 | 573,000 |
| Securities available for sale | 9,491,000 | 11,740,000 | 11,012,000 | 10,731,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,728,000 | 60,528,000 | 56,079,000 | 57,203,000 |
| Interest-bearing deposits | 42,668,000 | 44,497,000 | 42,158,000 | 40,748,000 |
| Noninterest-bearing deposits | 16,060,000 | 16,031,000 | 13,921,000 | 16,455,000 |
| Equity capital | 7,624,000 | 7,711,000 | 7,777,000 | 7,827,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 676,000 | 1,336,000 | 2,041,000 | 2,734,000 |
| Interest expense | 45,000 | 88,000 | 127,000 | 164,000 |
| Net interest income | 631,000 | 1,248,000 | 1,914,000 | 2,570,000 |
| Noninterest income | 115,000 | 181,000 | 265,000 | 317,000 |
| Noninterest expense | 533,000 | 1,074,000 | 1,611,000 | 2,309,000 |
| Provision for loan losses | 0 | 59,000 | 0 | 0 |
| Pretax income | 213,000 | 286,000 | 558,000 | 568,000 |
| Income tax | 50,000 | 69,000 | 156,000 | 153,000 |
| Net income | 163,000 | 217,000 | 402,000 | 415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,676,000 | 7,730,000 | 7,790,000 | 7,802,000 |
| Total capital | 8,163,000 | 8,268,000 | 8,345,000 | 8,375,000 |
| Risk-weighted assets | 48,051,000 | 51,476,000 | 49,670,000 | 52,248,000 |