Call reports 2017
FARMERS AND MERCHANTS BANK OF ASHLAND — 2017
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 76,050,000 | 73,117,000 | 74,153,000 | 74,439,000 |
| Total loans | 49,163,000 | 49,057,000 | 49,427,000 | 49,927,000 |
| Allowance for loan losses | 551,000 | 553,000 | 556,000 | 559,000 |
| Securities available for sale | 11,053,000 | 11,746,000 | 11,089,000 | 10,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,875,000 | 62,991,000 | 63,989,000 | 63,802,000 |
| Interest-bearing deposits | 46,225,000 | 44,718,000 | 46,442,000 | 46,054,000 |
| Noninterest-bearing deposits | 19,650,000 | 18,273,000 | 17,547,000 | 17,748,000 |
| Equity capital | 8,094,000 | 8,269,000 | 8,282,000 | 8,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 720,000 | 1,442,000 | 2,197,000 | 2,933,000 |
| Interest expense | 28,000 | 56,000 | 91,000 | 126,000 |
| Net interest income | 692,000 | 1,386,000 | 2,106,000 | 2,807,000 |
| Noninterest income | 112,000 | 166,000 | 232,000 | 291,000 |
| Noninterest expense | 635,000 | 1,235,000 | 1,805,000 | 2,527,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 169,000 | 317,000 | 533,000 | 571,000 |
| Income tax | 36,000 | 78,000 | 141,000 | 164,000 |
| Net income | 133,000 | 239,000 | 392,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,148,000 | 8,253,000 | 8,281,000 | 8,296,000 |
| Total capital | 8,699,000 | 8,806,000 | 8,837,000 | 8,855,000 |
| Risk-weighted assets | 54,134,000 | 53,413,000 | 53,845,000 | 54,574,000 |