Call reports 2021
FARMERS & MERCHANTS BANK — 2021
What FARMERS & 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 | 255,442,000 | 255,597,000 | 262,014,000 | 264,553,000 |
| Total loans | 175,091,000 | 174,451,000 | 164,003,000 | 171,275,000 |
| Allowance for loan losses | 2,441,000 | 2,516,000 | 2,560,000 | 2,830,000 |
| Securities available for sale | 40,898,000 | 41,912,000 | 45,050,000 | 56,266,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,022,000 | 215,966,000 | 221,102,000 | 223,489,000 |
| Interest-bearing deposits | 135,655,000 | 141,824,000 | 147,644,000 | 148,705,000 |
| Noninterest-bearing deposits | 79,367,000 | 74,142,000 | 73,458,000 | 74,784,000 |
| Equity capital | 21,934,000 | 23,008,000 | 24,186,000 | 24,303,000 |
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 | 2,327,000 | 4,883,000 | 7,865,000 | 10,274,000 |
| Interest expense | 209,000 | 415,000 | 620,000 | 819,000 |
| Net interest income | 2,118,000 | 4,468,000 | 7,245,000 | 9,455,000 |
| Noninterest income | 236,000 | 513,000 | 704,000 | 851,000 |
| Noninterest expense | 1,367,000 | 2,807,000 | 4,197,000 | 5,703,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 500,000 |
| Pretax income | 931,000 | 2,046,000 | 3,543,000 | 4,127,000 |
| Income tax | 175,000 | 383,000 | 665,000 | 762,000 |
| Net income | 756,000 | 1,663,000 | 2,878,000 | 3,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,257,000 | 22,164,000 | 23,378,000 | 23,865,000 |
| Total capital | 23,594,000 | 24,390,000 | 25,476,000 | 26,133,000 |
| Risk-weighted assets | 186,839,000 | 177,781,000 | 167,354,000 | 180,898,000 |