Call reports 2021
FARMERS AND MERCHANTS BANK, THE — 2021
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 165,382,000 | 173,860,000 | 170,905,000 | 178,355,000 |
| Total loans | 87,148,000 | 87,003,000 | 89,671,000 | 91,689,000 |
| Allowance for loan losses | 1,421,000 | 1,424,000 | 1,426,000 | 1,430,000 |
| Securities available for sale | 26,772,000 | 39,028,000 | 40,136,000 | 42,239,000 |
| Securities held to maturity | 3,418,000 | 3,355,000 | 3,159,000 | 6,348,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,450,000 | 154,047,000 | 150,618,000 | 158,422,000 |
| Interest-bearing deposits | 114,363,000 | 120,519,000 | 120,849,000 | 124,891,000 |
| Noninterest-bearing deposits | 31,087,000 | 33,528,000 | 29,769,000 | 33,531,000 |
| Equity capital | 16,014,000 | 15,872,000 | 16,125,000 | 16,088,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,119,000 | 2,281,000 | 3,486,000 | 5,015,000 |
| Interest expense | 100,000 | 175,000 | 247,000 | 312,000 |
| Net interest income | 1,019,000 | 2,106,000 | 3,239,000 | 4,703,000 |
| Noninterest income | 338,000 | 585,000 | 808,000 | 1,051,000 |
| Noninterest expense | 1,138,000 | 2,255,000 | 3,347,000 | 4,417,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 219,000 | 436,000 | 700,000 | 1,337,000 |
| Income tax | 46,000 | 92,000 | 148,000 | 292,000 |
| Net income | 173,000 | 344,000 | 552,000 | 1,045,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,930,000 | 15,784,000 | 15,969,000 | 16,232,000 |