Call reports 2025
FARMERS AND MERCHANTS STATE BANK — 2025
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 141,703,000 | 145,799,000 | 146,582,000 | 150,265,000 |
| Total loans | 72,901,000 | 78,850,000 | 80,139,000 | 82,320,000 |
| Allowance for loan losses | 627,000 | 627,000 | 627,000 | 726,000 |
| Securities available for sale | 61,683,000 | 60,001,000 | 58,924,000 | 59,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,009,000 | 101,634,000 | 103,215,000 | 108,145,000 |
| Interest-bearing deposits | 86,756,000 | 81,817,000 | 82,943,000 | 82,267,000 |
| Noninterest-bearing deposits | 22,253,000 | 19,817,000 | 20,272,000 | 25,878,000 |
| Equity capital | 17,588,000 | 18,615,000 | 19,976,000 | 20,724,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 1,731,000 | 3,519,000 | 5,390,000 | 7,288,000 |
| Interest expense | 775,000 | 1,521,000 | 2,308,000 | 3,040,000 |
| Net interest income | 956,000 | 1,998,000 | 3,082,000 | 4,248,000 |
| Noninterest income | 31,000 | 66,000 | 105,000 | 159,000 |
| Noninterest expense | 671,000 | 1,329,000 | 1,918,000 | 2,520,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 308,000 | 724,000 | 1,249,000 | 1,772,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 308,000 | 724,000 | 1,249,000 | 1,772,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,365,000 | 20,781,000 | 21,306,000 | 21,829,000 |