Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND MERCHANTS 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 | 827,928,000 | 848,173,000 | 900,274,000 | 945,608,000 |
| Total loans | 450,771,000 | 451,430,000 | 461,177,000 | 477,423,000 |
| Allowance for loan losses | 9,745,000 | 9,857,000 | 9,906,000 | 10,097,000 |
| Securities available for sale | 448,000 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 740,534,000 | 760,469,000 | 811,210,000 | 854,348,000 |
| Interest-bearing deposits | 469,797,000 | 481,166,000 | 536,185,000 | 563,246,000 |
| Noninterest-bearing deposits | 270,737,000 | 279,303,000 | 275,025,000 | 291,102,000 |
| Equity capital | 81,135,000 | 81,589,000 | 83,003,000 | 84,624,000 |
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 | 6,043,000 | 11,953,000 | 18,090,000 | 24,537,000 |
| Interest expense | 149,000 | 288,000 | 432,000 | 577,000 |
| Net interest income | 5,894,000 | 11,665,000 | 17,658,000 | 23,960,000 |
| Noninterest income | 2,258,000 | 4,617,000 | 7,157,000 | 9,847,000 |
| Noninterest expense | 5,478,000 | 11,140,000 | 17,001,000 | 22,998,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,674,000 | 5,142,000 | 7,814,000 | 10,809,000 |
| Income tax | 596,000 | 1,104,000 | 1,638,000 | 2,272,000 |
| Net income | 2,078,000 | 4,038,000 | 6,176,000 | 8,537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,780,000 | 81,236,000 | 82,650,000 | 84,271,000 |
| Total capital | 86,355,000 | 86,844,000 | 88,535,000 | 90,592,000 |
| Risk-weighted assets | 441,905,000 | 444,464,000 | 466,853,000 | 501,914,000 |