Call reports 2019
FARMERS AND MERCHANTS BANK OF ASHLAND — 2019
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 76,852,000 | 83,620,000 | 81,631,000 | 80,354,000 |
| Total loans | 56,296,000 | 54,761,000 | 56,759,000 | 57,255,000 |
| Allowance for loan losses | 600,000 | 609,000 | 618,000 | 626,000 |
| Securities available for sale | 8,625,000 | 8,558,000 | 7,966,000 | 9,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,898,000 | 73,408,000 | 71,419,000 | 69,905,000 |
| Interest-bearing deposits | 49,829,000 | 53,745,000 | 52,330,000 | 49,351,000 |
| Noninterest-bearing deposits | 17,069,000 | 19,663,000 | 19,089,000 | 20,554,000 |
| Equity capital | 8,570,000 | 8,777,000 | 8,782,000 | 8,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 837,000 | 1,685,000 | 2,589,000 | 3,477,000 |
| Interest expense | 66,000 | 139,000 | 212,000 | 277,000 |
| Net interest income | 771,000 | 1,546,000 | 2,377,000 | 3,200,000 |
| Noninterest income | 124,000 | 225,000 | 307,000 | 380,000 |
| Noninterest expense | 649,000 | 1,362,000 | 2,092,000 | 2,817,000 |
| Provision for loan losses | 6,000 | 14,000 | 23,000 | 32,000 |
| Pretax income | 240,000 | 395,000 | 569,000 | 731,000 |
| Income tax | 39,000 | 70,000 | 106,000 | 136,000 |
| Net income | 201,000 | 325,000 | 463,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,655,000 | 8,777,000 | 8,772,000 | 8,918,000 |
| Total capital | 9,255,000 | 9,386,000 | 9,390,000 | 9,544,000 |
| Risk-weighted assets | 59,295,000 | 59,616,000 | 60,552,000 | 58,721,000 |