Call reports 2023
FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, THE — 2023
What FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, 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 | 263,512,000 | 256,972,000 | 259,632,000 | 275,135,000 |
| Total loans | 146,908,000 | 152,768,000 | 158,347,000 | 173,699,000 |
| Allowance for loan losses | 1,540,000 | 1,552,000 | 1,580,000 | 1,620,000 |
| Securities available for sale | 90,265,000 | 86,990,000 | 82,237,000 | 84,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,092,000 | 235,416,000 | 243,510,000 | 226,797,000 |
| Interest-bearing deposits | 187,719,000 | 183,304,000 | 188,646,000 | 178,077,000 |
| Noninterest-bearing deposits | 56,373,000 | 52,112,000 | 54,864,000 | 48,720,000 |
| Equity capital | 19,109,000 | 17,934,000 | 15,619,000 | 20,315,000 |
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 | 2,268,000 | 4,633,000 | 7,112,000 | 9,786,000 |
| Interest expense | 184,000 | 436,000 | 770,000 | 1,228,000 |
| Net interest income | 2,084,000 | 4,197,000 | 6,342,000 | 8,558,000 |
| Noninterest income | 362,000 | 706,000 | 1,030,000 | 1,350,000 |
| Noninterest expense | 1,507,000 | 3,021,000 | 4,512,000 | 6,043,000 |
| Provision for loan losses | 15,000 | 30,000 | 60,000 | 100,000 |
| Pretax income | 797,000 | 1,728,000 | 2,675,000 | 3,643,000 |
| Income tax | 13,000 | 27,000 | 47,000 | 63,000 |
| Net income | 784,000 | 1,701,000 | 2,628,000 | 3,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,743,000 | 27,905,000 | 28,338,000 | 28,614,000 |
| Total capital | 29,316,000 | 29,489,000 | 29,950,000 | 30,266,000 |
| Risk-weighted assets | 164,597,000 | 168,207,000 | 172,179,000 | 187,097,000 |