Call reports 2024
FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, THE — 2024
What FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 264,078,000 | 264,555,000 | 275,889,000 | 259,930,000 |
| Total loans | 172,044,000 | 166,728,000 | 167,446,000 | 176,384,000 |
| Allowance for loan losses | 1,664,000 | 1,709,000 | 1,709,000 | 1,707,000 |
| Securities available for sale | 76,792,000 | 74,099,000 | 73,094,000 | 66,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,384,000 | 226,556,000 | 247,841,000 | 237,556,000 |
| Interest-bearing deposits | 176,829,000 | 181,362,000 | 200,790,000 | 189,149,000 |
| Noninterest-bearing deposits | 44,555,000 | 45,194,000 | 47,051,000 | 48,407,000 |
| Equity capital | 20,311,000 | 20,292,000 | 23,662,000 | 21,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,810,000 | 5,692,000 | 8,666,000 | 11,666,000 |
| Interest expense | 704,000 | 1,423,000 | 2,117,000 | 2,696,000 |
| Net interest income | 2,106,000 | 4,269,000 | 6,549,000 | 8,970,000 |
| Noninterest income | 352,000 | 695,000 | 1,025,000 | 1,340,000 |
| Noninterest expense | 1,600,000 | 3,256,000 | 4,937,000 | 6,592,000 |
| Provision for loan losses | 45,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 699,000 | 1,486,000 | 2,432,000 | 3,508,000 |
| Income tax | 11,000 | 25,000 | 35,000 | 54,000 |
| Net income | 688,000 | 1,461,000 | 2,397,000 | 3,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,302,000 | 29,151,000 | 29,576,000 | 29,988,000 |
| Total capital | 30,999,000 | 30,893,000 | 31,317,000 | 31,727,000 |
| Risk-weighted assets | 187,627,000 | 184,033,000 | 184,467,000 | 197,680,000 |