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 | 222,253,000 | 228,056,000 | 230,068,000 | 240,402,000 |
| Total loans | 86,567,000 | 86,627,000 | 84,885,000 | 92,842,000 |
| Allowance for loan losses | 2,101,000 | 2,104,000 | 2,109,000 | 2,114,000 |
| Securities available for sale | 47,600,000 | 114,384,000 | 120,370,000 | 121,914,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,953,000 | 198,570,000 | 200,685,000 | 211,121,000 |
| Interest-bearing deposits | 138,762,000 | 138,838,000 | 107,337,000 | 116,937,000 |
| Noninterest-bearing deposits | 55,191,000 | 59,732,000 | 93,348,000 | 94,184,000 |
| Equity capital | 27,430,000 | 28,112,000 | 28,378,000 | 28,998,000 |
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 | 1,247,000 | 3,579,000 | 5,126,000 | 6,804,000 |
| Interest expense | 210,000 | 394,000 | 514,000 | 627,000 |
| Net interest income | 1,037,000 | 3,185,000 | 4,612,000 | 6,177,000 |
| Noninterest income | 229,000 | 399,000 | 610,000 | 1,974,000 |
| Noninterest expense | 1,250,000 | 2,533,000 | 3,851,000 | 4,999,000 |
| Provision for loan losses | -26,000 | -26,000 | -26,000 | -26,000 |
| Pretax income | 42,000 | 1,279,000 | 1,599,000 | 3,380,000 |
| Income tax | 4,000 | 344,000 | 426,000 | 905,000 |
| Net income | 38,000 | 935,000 | 1,173,000 | 2,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,896,000 | 27,794,000 | 28,081,000 | 29,383,000 |
| Total capital | 28,196,000 | 29,319,000 | 29,587,000 | 30,920,000 |
| Risk-weighted assets | 103,226,000 | 121,461,000 | 119,917,000 | 122,439,000 |