Call reports 2022
FARMERS AND MERCHANTS STATE BANK — 2022
What FARMERS AND MERCHANTS STATE 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 | 141,260,000 | 139,201,000 | 136,760,000 | 143,550,000 |
| Total loans | 54,941,000 | 59,554,000 | 59,686,000 | 65,469,000 |
| Allowance for loan losses | 1,035,000 | 1,035,000 | 1,035,000 | 910,000 |
| Securities available for sale | 53,477,000 | 65,055,000 | 66,772,000 | 71,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,866,000 | 122,573,000 | 121,805,000 | 121,531,000 |
| Interest-bearing deposits | 91,787,000 | 93,889,000 | 90,460,000 | 87,784,000 |
| Noninterest-bearing deposits | 32,079,000 | 28,684,000 | 31,345,000 | 33,747,000 |
| Equity capital | 16,820,000 | 15,873,000 | 14,330,000 | 16,451,000 |
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 | 842,000 | 1,783,000 | 2,894,000 | 4,031,000 |
| Interest expense | 79,000 | 155,000 | 250,000 | 379,000 |
| Net interest income | 763,000 | 1,628,000 | 2,644,000 | 3,652,000 |
| Noninterest income | 30,000 | 63,000 | 93,000 | 129,000 |
| Noninterest expense | 489,000 | 991,000 | 1,482,000 | 2,140,000 |
| Provision for loan losses | 0 | 0 | 0 | -125,000 |
| Pretax income | 303,000 | 690,000 | 1,246,000 | 1,709,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 303,000 | 690,000 | 1,246,000 | 1,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,561,000 | 18,948,000 | 19,504,000 | 19,967,000 |