Call reports 2022
MERCHANTS & FARMERS BANK & TRUST COMPANY — 2022
What MERCHANTS & FARMERS BANK & TRUST COMPANY 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 | 471,081,000 | 461,973,000 | 465,955,000 | 462,319,000 |
| Total loans | 238,730,000 | 243,760,000 | 247,702,000 | 250,514,000 |
| Allowance for loan losses | 2,534,000 | 2,591,000 | 2,649,000 | 2,705,000 |
| Securities available for sale | 197,882,000 | 181,960,000 | 170,572,000 | 170,362,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,900,000 | 406,267,000 | 392,362,000 | 400,276,000 |
| Interest-bearing deposits | 254,870,000 | 258,960,000 | 248,521,000 | 256,243,000 |
| Noninterest-bearing deposits | 153,030,000 | 147,307,000 | 143,841,000 | 144,033,000 |
| Equity capital | 44,623,000 | 36,597,000 | 31,179,000 | 34,698,000 |
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 | 3,688,000 | 7,446,000 | 11,278,000 | 15,266,000 |
| Interest expense | 271,000 | 552,000 | 904,000 | 1,523,000 |
| Net interest income | 3,417,000 | 6,894,000 | 10,374,000 | 13,743,000 |
| Noninterest income | 518,000 | 1,192,000 | 1,716,000 | 2,262,000 |
| Noninterest expense | 3,160,000 | 6,244,000 | 9,390,000 | 12,556,000 |
| Provision for loan losses | 74,000 | 143,000 | 207,000 | 277,000 |
| Pretax income | 701,000 | 1,699,000 | 2,493,000 | 3,172,000 |
| Income tax | 59,000 | 182,000 | 259,000 | 243,000 |
| Net income | 642,000 | 1,517,000 | 2,234,000 | 2,929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,825,000 | 52,419,000 | 53,136,000 | 53,551,000 |