Call reports 2023
FARMERS AND MERCHANTS BANK, THE — 2023
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 196,294,000 | 200,374,000 | 200,402,000 | 202,339,000 |
| Total loans | 104,994,000 | 102,073,000 | 103,557,000 | 113,882,000 |
| Allowance for loan losses | 1,415,000 | 1,398,000 | 1,401,000 | 1,483,000 |
| Securities available for sale | 51,990,000 | 51,004,000 | 49,405,000 | 49,788,000 |
| Securities held to maturity | 14,115,000 | 14,069,000 | 13,635,000 | 13,595,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,997,000 | 182,833,000 | 182,737,000 | 184,081,000 |
| Interest-bearing deposits | 142,142,000 | 150,034,000 | 149,224,000 | 148,091,000 |
| Noninterest-bearing deposits | 36,855,000 | 32,799,000 | 33,513,000 | 35,990,000 |
| Equity capital | 13,151,000 | 13,223,000 | 13,097,000 | 13,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,691,000 | 3,457,000 | 5,304,000 | 7,214,000 |
| Interest expense | 287,000 | 709,000 | 1,251,000 | 1,850,000 |
| Net interest income | 1,404,000 | 2,748,000 | 4,053,000 | 5,364,000 |
| Noninterest income | 155,000 | 310,000 | 471,000 | 643,000 |
| Noninterest expense | 1,356,000 | 2,292,000 | 3,476,000 | 4,865,000 |
| Provision for loan losses | -43,000 | -60,000 | -58,000 | 22,000 |
| Pretax income | 200,000 | 766,000 | 1,049,000 | 1,133,000 |
| Income tax | 21,000 | 129,000 | 169,000 | 141,000 |
| Net income | 179,000 | 637,000 | 880,000 | 992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,104,000 | 17,413,000 | 17,656,000 | 17,242,000 |
| Total capital | 18,666,000 | 18,968,000 | 19,223,000 | 18,838,000 |
| Risk-weighted assets | 124,980,000 | 124,366,000 | 125,393,000 | 131,275,000 |