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 | 718,625,000 | 710,011,000 | 717,314,000 | 717,639,000 |
| Total loans | 487,848,000 | 494,724,000 | 509,512,000 | 521,499,000 |
| Allowance for loan losses | 3,654,000 | 3,648,000 | 3,747,000 | 4,150,000 |
| Securities available for sale | 145,716,000 | 138,203,000 | 128,614,000 | 126,314,000 |
| Securities held to maturity | 21,344,000 | 20,552,000 | 20,537,000 | 20,509,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 636,563,000 | 632,368,000 | 641,538,000 | 625,191,000 |
| Interest-bearing deposits | 503,236,000 | 495,948,000 | 509,505,000 | 497,594,000 |
| Noninterest-bearing deposits | 133,327,000 | 136,420,000 | 132,033,000 | 127,597,000 |
| Equity capital | 67,075,000 | 62,086,000 | 59,563,000 | 61,613,000 |
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 | 6,441,000 | 12,738,000 | 19,328,000 | 26,248,000 |
| Interest expense | 352,000 | 684,000 | 1,012,000 | 1,473,000 |
| Net interest income | 6,089,000 | 12,054,000 | 18,316,000 | 24,775,000 |
| Noninterest income | 567,000 | 1,002,000 | 1,349,000 | 2,361,000 |
| Noninterest expense | 4,107,000 | 8,025,000 | 12,116,000 | 16,308,000 |
| Provision for loan losses | 0 | 0 | 95,000 | 475,000 |
| Pretax income | 2,522,000 | 4,986,000 | 7,391,000 | 10,291,000 |
| Income tax | 645,000 | 1,275,000 | 1,883,000 | 2,640,000 |
| Net income | 1,877,000 | 3,711,000 | 5,508,000 | 7,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,887,000 | 68,367,000 | 70,166,000 | 71,676,000 |
| Total capital | 71,541,000 | 72,015,000 | 73,913,000 | 75,826,000 |
| Risk-weighted assets | 546,625,000 | 561,019,000 | 576,381,000 | 584,857,000 |