Call reports 2022
FARMERS AND MECHANICS FEDERAL SAVINGS BANK — 2022
What FARMERS AND MECHANICS FEDERAL 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 | 115,353,000 | 115,522,000 | 115,371,000 | 121,151,000 |
| Total loans | 46,429,000 | 50,476,000 | 55,193,000 | 59,094,000 |
| Allowance for loan losses | 175,000 | 175,000 | 185,000 | 200,000 |
| Securities available for sale | 53,153,000 | 49,341,000 | 46,610,000 | 46,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,917,000 | 99,941,000 | 101,113,000 | 95,028,000 |
| Interest-bearing deposits | 90,912,000 | 90,091,000 | 90,216,000 | 86,331,000 |
| Noninterest-bearing deposits | 10,005,000 | 9,850,000 | 10,897,000 | 8,697,000 |
| Equity capital | 9,171,000 | 7,403,000 | 6,057,000 | 6,265,000 |
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 | 641,000 | 1,374,000 | 2,231,000 | 3,227,000 |
| Interest expense | 113,000 | 231,000 | 358,000 | 575,000 |
| Net interest income | 528,000 | 1,143,000 | 1,873,000 | 2,652,000 |
| Noninterest income | 51,000 | 124,000 | 190,000 | 260,000 |
| Noninterest expense | 674,000 | 1,391,000 | 2,108,000 | 2,874,000 |
| Provision for loan losses | 8,000 | 8,000 | 18,000 | 33,000 |
| Pretax income | -99,000 | -128,000 | -55,000 | 13,000 |
| Income tax | -29,000 | -40,000 | -26,000 | -12,000 |
| Net income | -70,000 | -88,000 | -29,000 | 25,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,655,000 | 11,523,000 | 11,588,000 | 11,533,000 |