Call reports 2023
FARMERS & MERCHANTS SAVINGS BANK — 2023
What FARMERS & MERCHANTS SAVINGS BANK 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 | 582,618,000 | 577,539,000 | 587,110,000 | 597,080,000 |
| Total loans | 419,299,000 | 425,358,000 | 411,352,000 | 425,873,000 |
| Allowance for loan losses | 6,447,000 | 6,432,000 | 6,434,000 | 6,678,000 |
| Securities available for sale | 125,945,000 | 121,168,000 | 122,583,000 | 131,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,584,000 | 500,082,000 | 508,082,000 | 524,213,000 |
| Interest-bearing deposits | 371,491,000 | 362,032,000 | 371,349,000 | 366,344,000 |
| Noninterest-bearing deposits | 135,093,000 | 138,050,000 | 136,733,000 | 157,869,000 |
| Equity capital | 72,844,000 | 73,656,000 | 74,731,000 | 68,656,000 |
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 | 6,313,000 | 13,129,000 | 20,349,000 | 27,902,000 |
| Interest expense | 1,406,000 | 3,226,000 | 5,351,000 | 7,785,000 |
| Net interest income | 4,907,000 | 9,903,000 | 14,998,000 | 20,117,000 |
| Noninterest income | 1,376,000 | 1,820,000 | 2,220,000 | 2,616,000 |
| Noninterest expense | 4,137,000 | 5,602,000 | 8,682,000 | 12,158,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,334,000 |
| Pretax income | 2,196,000 | 6,183,000 | 8,619,000 | 9,366,000 |
| Income tax | 88,000 | 247,000 | 344,000 | 475,000 |
| Net income | 2,108,000 | 5,936,000 | 8,275,000 | 8,891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,717,000 | 83,066,000 | 84,353,000 | 75,069,000 |
| Total capital | 86,834,000 | 89,498,000 | 90,462,000 | 81,702,000 |
| Risk-weighted assets | 489,040,000 | 527,846,000 | 488,436,000 | 530,562,000 |