Call reports 2021
FARMERS AND MERCHANTS STATE BANK — 2021
What FARMERS AND MERCHANTS STATE 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 | 124,265,000 | 122,140,000 | 128,222,000 | 135,300,000 |
| Total loans | 64,889,000 | 65,825,000 | 63,910,000 | 63,595,000 |
| Allowance for loan losses | 1,175,000 | 1,185,000 | 1,185,000 | 1,035,000 |
| Securities available for sale | 42,516,000 | 43,444,000 | 44,488,000 | 45,486,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,580,000 | 100,859,000 | 106,518,000 | 113,445,000 |
| Interest-bearing deposits | 81,136,000 | 81,809,000 | 81,595,000 | 81,846,000 |
| Noninterest-bearing deposits | 22,443,000 | 19,050,000 | 24,923,000 | 31,599,000 |
| Equity capital | 18,283,000 | 18,880,000 | 19,316,000 | 19,504,000 |
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 | 1,221,000 | 2,291,000 | 3,288,000 | 4,234,000 |
| Interest expense | 120,000 | 216,000 | 304,000 | 391,000 |
| Net interest income | 1,101,000 | 2,075,000 | 2,984,000 | 3,843,000 |
| Noninterest income | 29,000 | 63,000 | 93,000 | 134,000 |
| Noninterest expense | 449,000 | 920,000 | 1,375,000 | 2,008,000 |
| Provision for loan losses | 0 | 0 | 0 | -150,000 |
| Pretax income | 691,000 | 1,240,000 | 1,729,000 | 2,150,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 691,000 | 1,240,000 | 1,729,000 | 2,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,704,000 | 18,253,000 | 18,742,000 | 19,163,000 |