Call reports 2018
FARMERS & MERCHANTS BANK, THE — 2018
What FARMERS & MERCHANTS BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 297,595,000 | 303,827,000 | 309,163,000 | 314,779,000 |
| Total loans | 239,140,000 | 249,771,000 | 254,509,000 | 260,135,000 |
| Allowance for loan losses | 3,111,000 | 2,926,000 | 2,968,000 | 2,878,000 |
| Securities available for sale | 37,540,000 | 39,639,000 | 38,656,000 | 37,849,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,189,000 | 253,540,000 | 258,746,000 | 266,010,000 |
| Interest-bearing deposits | 229,389,000 | 228,407,000 | 234,356,000 | 239,047,000 |
| Noninterest-bearing deposits | 23,800,000 | 25,134,000 | 24,389,000 | 26,963,000 |
| Equity capital | 30,398,000 | 30,563,000 | 30,917,000 | 31,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,703,000 | 7,374,000 | 11,258,000 | 15,155,000 |
| Interest expense | 695,000 | 1,502,000 | 2,448,000 | 3,484,000 |
| Net interest income | 3,008,000 | 5,872,000 | 8,810,000 | 11,671,000 |
| Noninterest income | 254,000 | 510,000 | 765,000 | 1,075,000 |
| Noninterest expense | 1,718,000 | 3,320,000 | 5,360,000 | 7,768,000 |
| Provision for loan losses | 0 | 1,140,000 | 1,391,000 | 1,391,000 |
| Pretax income | 1,544,000 | 1,902,000 | 2,804,000 | 3,567,000 |
| Income tax | 346,000 | 380,000 | 583,000 | 724,000 |
| Net income | 1,198,000 | 1,522,000 | 2,221,000 | 2,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,168,000 | 30,419,000 | 31,029,000 | 31,547,000 |
| Total capital | 32,970,000 | 33,345,000 | 33,997,000 | 34,425,000 |
| Risk-weighted assets | 223,862,000 | 236,923,000 | 241,004,000 | 246,396,000 |