Call reports 2020
FARMERS & MERCHANTS BANK, THE — 2020
What FARMERS & MERCHANTS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 331,314,000 | 345,193,000 | 391,496,000 | 386,814,000 |
| Total loans | 272,243,000 | 277,763,000 | 299,630,000 | 298,373,000 |
| Allowance for loan losses | 3,146,000 | 3,587,000 | 4,117,000 | 3,739,000 |
| Securities available for sale | 43,198,000 | 52,733,000 | 42,682,000 | 67,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,023,000 | 280,235,000 | 326,229,000 | 320,789,000 |
| Interest-bearing deposits | 248,206,000 | 250,783,000 | 275,233,000 | 270,390,000 |
| Noninterest-bearing deposits | 22,817,000 | 29,451,000 | 50,996,000 | 50,400,000 |
| Equity capital | 34,168,000 | 35,385,000 | 37,310,000 | 37,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,194,000 | 8,970,000 | 13,922,000 | 19,616,000 |
| Interest expense | 1,084,000 | 2,084,000 | 3,030,000 | 3,848,000 |
| Net interest income | 3,110,000 | 6,886,000 | 10,892,000 | 15,768,000 |
| Noninterest income | 271,000 | 535,000 | 1,594,000 | 2,840,000 |
| Noninterest expense | 1,915,000 | 3,921,000 | 6,203,000 | 10,361,000 |
| Provision for loan losses | 400,000 | 1,150,000 | 1,665,000 | 3,965,000 |
| Pretax income | 1,066,000 | 2,350,000 | 5,479,000 | 5,143,000 |
| Income tax | 231,000 | 502,000 | 1,184,000 | 1,051,000 |
| Net income | 835,000 | 1,848,000 | 4,295,000 | 4,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,417,000 | 34,345,000 | 36,711,000 | 36,508,000 |
| Total capital | — | — | 40,389,000 | 40,203,000 |
| Risk-weighted assets | — | — | 293,804,000 | 295,580,000 |