Call reports 2020
FARMERS-MERCHANTS BANK & TRUST COMPANY — 2020
What FARMERS-MERCHANTS BANK & TRUST COMPANY 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 | 334,879,000 | 368,409,000 | 365,395,000 | 362,528,000 |
| Total loans | 239,132,000 | 249,475,000 | 241,743,000 | 239,722,000 |
| Allowance for loan losses | 3,244,000 | 3,241,000 | 3,727,000 | 3,409,000 |
| Securities available for sale | 33,294,000 | 33,699,000 | 34,304,000 | 32,073,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 284,492,000 | 316,271,000 | 313,128,000 | 310,323,000 |
| Interest-bearing deposits | 202,939,000 | 219,419,000 | 217,945,000 | 213,654,000 |
| Noninterest-bearing deposits | 81,553,000 | 96,852,000 | 95,183,000 | 96,669,000 |
| Equity capital | 44,499,000 | 45,319,000 | 45,552,000 | 46,210,000 |
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 | 3,831,000 | 7,394,000 | 11,510,000 | 14,959,000 |
| Interest expense | 531,000 | 977,000 | 1,368,000 | 1,695,000 |
| Net interest income | 3,300,000 | 6,417,000 | 10,142,000 | 13,264,000 |
| Noninterest income | 410,000 | 791,000 | 1,198,000 | 1,620,000 |
| Noninterest expense | 2,697,000 | 5,515,000 | 8,213,000 | 10,942,000 |
| Provision for loan losses | 75,000 | 150,000 | 625,000 | 825,000 |
| Pretax income | 942,000 | 1,547,000 | 2,506,000 | 3,123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 942,000 | 1,547,000 | 2,506,000 | 3,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,887,000 | 44,492,000 | 44,753,000 | 45,371,000 |
| Total capital | 47,053,000 | 47,634,000 | 47,795,000 | 48,327,000 |
| Risk-weighted assets | 253,195,000 | 251,250,000 | 242,672,000 | 236,009,000 |