Call reports 2022
FARMERS & MERCHANTS SAVINGS BANK — 2022
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 590,197,000 | 603,249,000 | 604,512,000 | 593,725,000 |
| Total loans | 393,337,000 | 400,371,000 | 410,450,000 | 414,775,000 |
| Allowance for loan losses | 7,500,000 | 7,582,000 | 7,438,000 | 6,442,000 |
| Securities available for sale | 165,476,000 | 159,433,000 | 155,351,000 | 145,780,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,155,000 | 530,247,000 | 534,565,000 | 521,916,000 |
| Interest-bearing deposits | 350,077,000 | 365,858,000 | 377,648,000 | 364,623,000 |
| Noninterest-bearing deposits | 157,078,000 | 164,389,000 | 156,917,000 | 157,293,000 |
| Equity capital | 71,743,000 | 69,901,000 | 66,656,000 | 68,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,631,000 | 9,504,000 | 14,824,000 | 20,892,000 |
| Interest expense | 276,000 | 627,000 | 1,191,000 | 2,168,000 |
| Net interest income | 4,355,000 | 8,877,000 | 13,633,000 | 18,724,000 |
| Noninterest income | 623,000 | 1,053,000 | 1,459,000 | 2,094,000 |
| Noninterest expense | 3,325,000 | 6,504,000 | 9,808,000 | 13,445,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,685,000 | 3,445,000 | 5,310,000 | 7,412,000 |
| Income tax | 66,000 | 136,000 | 211,000 | 297,000 |
| Net income | 1,619,000 | 3,309,000 | 5,099,000 | 7,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,033,000 | 77,448,000 | 78,414,000 | 78,609,000 |
| Total capital | 83,059,000 | 83,583,000 | 84,635,000 | 85,051,000 |
| Risk-weighted assets | 480,680,000 | 489,372,000 | 496,502,000 | 522,216,000 |