Call reports 2021
FARMERS AND MECHANICS FEDERAL SAVINGS BANK — 2021
What FARMERS AND MECHANICS FEDERAL SAVINGS BANK 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 | 93,368,000 | 95,254,000 | 106,249,000 | 111,658,000 |
| Total loans | 42,592,000 | 42,241,000 | 41,891,000 | 45,939,000 |
| Allowance for loan losses | 145,000 | 151,000 | 163,000 | 167,000 |
| Securities available for sale | 37,080,000 | 41,775,000 | 51,142,000 | 55,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,233,000 | 77,921,000 | 88,972,000 | 94,361,000 |
| Interest-bearing deposits | 72,510,000 | 69,432,000 | 80,682,000 | 86,834,000 |
| Noninterest-bearing deposits | 3,723,000 | 8,489,000 | 8,290,000 | 7,527,000 |
| Equity capital | 11,769,000 | 12,007,000 | 11,936,000 | 11,675,000 |
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 | 595,000 | 1,282,000 | 2,054,000 | 2,731,000 |
| Interest expense | 118,000 | 231,000 | 335,000 | 447,000 |
| Net interest income | 477,000 | 1,051,000 | 1,719,000 | 2,284,000 |
| Noninterest income | 46,000 | 99,000 | 149,000 | 204,000 |
| Noninterest expense | 637,000 | 1,290,000 | 1,932,000 | 2,564,000 |
| Provision for loan losses | 8,000 | 14,000 | 26,000 | 30,000 |
| Pretax income | -127,000 | -9,000 | 55,000 | 67,000 |
| Income tax | -37,000 | -10,000 | -1,000 | -2,000 |
| Net income | -90,000 | 1,000 | 56,000 | 69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,936,000 | 11,688,000 | 11,663,000 | 11,608,000 |
| Total capital | 12,081,000 | 11,839,000 | 11,826,000 | 11,775,000 |
| Risk-weighted assets | 50,365,000 | 49,391,000 | 55,383,000 | 62,362,000 |