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 | 697,147,000 | 707,884,000 | 716,771,000 | 717,616,000 |
| Total loans | 524,345,000 | 522,078,000 | 501,282,000 | 485,788,000 |
| Allowance for loan losses | 3,423,000 | 3,404,000 | 3,744,000 | 3,650,000 |
| Securities available for sale | 74,929,000 | 98,252,000 | 121,266,000 | 149,238,000 |
| Securities held to maturity | 21,865,000 | 21,402,000 | 21,884,000 | 21,852,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 605,670,000 | 614,409,000 | 624,420,000 | 629,512,000 |
| Interest-bearing deposits | 482,998,000 | 487,350,000 | 498,444,000 | 503,758,000 |
| Noninterest-bearing deposits | 122,672,000 | 127,059,000 | 125,976,000 | 125,754,000 |
| Equity capital | 68,872,000 | 69,757,000 | 71,245,000 | 71,963,000 |
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 | 6,347,000 | 12,635,000 | 19,283,000 | 25,657,000 |
| Interest expense | 619,000 | 1,179,000 | 1,659,000 | 2,084,000 |
| Net interest income | 5,728,000 | 11,456,000 | 17,624,000 | 23,573,000 |
| Noninterest income | 576,000 | 1,112,000 | 1,648,000 | 2,007,000 |
| Noninterest expense | 3,731,000 | 7,595,000 | 11,425,000 | 15,330,000 |
| Provision for loan losses | 120,000 | 100,000 | 430,000 | 330,000 |
| Pretax income | 2,453,000 | 4,874,000 | 7,416,000 | 9,914,000 |
| Income tax | 622,000 | 1,227,000 | 1,871,000 | 2,578,000 |
| Net income | 1,831,000 | 3,647,000 | 5,545,000 | 7,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,754,000 | 62,792,000 | 64,514,000 | 66,307,000 |
| Total capital | 65,177,000 | 66,196,000 | 68,258,000 | 69,957,000 |
| Risk-weighted assets | 517,564,000 | 526,200,000 | 521,991,000 | 528,297,000 |