Call reports 2015
FARMERS AND MERCHANTS BANK OF ASHLAND — 2015
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 70,010,000 | 72,014,000 | 70,591,000 | 70,206,000 |
| Total loans | 45,343,000 | 44,040,000 | 44,721,000 | 46,957,000 |
| Allowance for loan losses | 577,000 | 576,000 | 575,000 | 575,000 |
| Securities available for sale | 10,331,000 | 11,810,000 | 12,154,000 | 12,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,716,000 | 61,881,000 | 60,557,000 | 60,192,000 |
| Interest-bearing deposits | 41,614,000 | 43,925,000 | 43,627,000 | 42,656,000 |
| Noninterest-bearing deposits | 18,102,000 | 17,956,000 | 16,930,000 | 17,536,000 |
| Equity capital | 7,882,000 | 7,857,000 | 7,907,000 | 7,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 683,000 | 1,337,000 | 2,001,000 | 2,668,000 |
| Interest expense | 32,000 | 61,000 | 89,000 | 115,000 |
| Net interest income | 651,000 | 1,276,000 | 1,912,000 | 2,553,000 |
| Noninterest income | 111,000 | 169,000 | 229,000 | 322,000 |
| Noninterest expense | 564,000 | 1,156,000 | 1,692,000 | 2,323,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 198,000 | 289,000 | 449,000 | 552,000 |
| Income tax | 44,000 | 67,000 | 116,000 | 137,000 |
| Net income | 154,000 | 222,000 | 333,000 | 415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,822,000 | 7,890,000 | 7,900,000 | 7,958,000 |
| Total capital | 8,399,000 | 8,466,000 | 8,475,000 | 8,533,000 |
| Risk-weighted assets | 51,454,000 | 48,678,000 | 49,293,000 | 51,902,000 |