Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS 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 | 970,853,000 | 1,000,397,000 | 1,001,914,000 | 958,937,000 |
| Total loans | 497,441,000 | 516,271,000 | 529,052,000 | 544,787,000 |
| Allowance for loan losses | 10,085,000 | 10,192,000 | 10,304,000 | 10,356,000 |
| Securities available for sale | 7,678,000 | 19,159,000 | 29,525,000 | 55,473,000 |
| Securities held to maturity | 54,057,000 | 80,435,000 | 109,393,000 | 115,941,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 879,411,000 | 907,132,000 | 906,400,000 | 857,973,000 |
| Interest-bearing deposits | 565,645,000 | 573,487,000 | 569,030,000 | 557,197,000 |
| Noninterest-bearing deposits | 313,766,000 | 333,645,000 | 337,370,000 | 300,776,000 |
| Equity capital | 85,443,000 | 86,874,000 | 89,046,000 | 93,582,000 |
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 | 6,239,000 | 13,959,000 | 23,652,000 | 35,225,000 |
| Interest expense | 139,000 | 275,000 | 426,000 | 770,000 |
| Net interest income | 6,100,000 | 13,684,000 | 23,226,000 | 34,455,000 |
| Noninterest income | 2,220,000 | 4,403,000 | 6,466,000 | 8,452,000 |
| Noninterest expense | 5,899,000 | 11,831,000 | 18,058,000 | 24,306,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,421,000 | 6,256,000 | 11,634,000 | 18,601,000 |
| Income tax | 519,000 | 1,330,000 | 2,482,000 | 3,982,000 |
| Net income | 1,902,000 | 4,926,000 | 9,152,000 | 14,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,030,000 | 87,096,000 | 89,968,000 | 94,504,000 |
| Total capital | 91,716,000 | 94,237,000 | 97,150,000 | 101,814,000 |
| Risk-weighted assets | 531,514,000 | 568,277,000 | 571,505,000 | 581,817,000 |