Call reports 2016
FARMERS AND MERCHANTS BANK OF ASHLAND — 2016
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 75,115,000 | 76,444,000 | 75,246,000 | 72,617,000 |
| Total loans | 45,619,000 | 47,301,000 | 48,819,000 | 48,190,000 |
| Allowance for loan losses | 575,000 | 552,000 | 549,000 | 550,000 |
| Securities available for sale | 11,841,000 | 11,919,000 | 11,726,000 | 11,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,956,000 | 66,075,000 | 64,949,000 | 62,521,000 |
| Interest-bearing deposits | 44,874,000 | 48,656,000 | 47,076,000 | 44,787,000 |
| Noninterest-bearing deposits | 20,082,000 | 17,419,000 | 17,873,000 | 17,734,000 |
| Equity capital | 8,024,000 | 8,164,000 | 8,169,000 | 8,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 701,000 | 1,383,000 | 2,084,000 | 2,810,000 |
| Interest expense | 26,000 | 50,000 | 82,000 | 110,000 |
| Net interest income | 675,000 | 1,333,000 | 2,002,000 | 2,700,000 |
| Noninterest income | 114,000 | 171,000 | 233,000 | 293,000 |
| Noninterest expense | 598,000 | 1,186,000 | 1,716,000 | 2,390,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 191,000 | 317,000 | 518,000 | 602,000 |
| Income tax | 43,000 | 76,000 | 139,000 | 155,000 |
| Net income | 148,000 | 241,000 | 379,000 | 447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,976,000 | 8,068,000 | 8,081,000 | 8,149,000 |
| Total capital | 8,551,000 | 8,620,000 | 8,630,000 | 8,699,000 |
| Risk-weighted assets | 52,289,000 | 52,795,000 | 53,876,000 | 53,500,000 |