Call reports 2021
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2021
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA 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 | 122,905,000 | 123,494,000 | 117,705,000 | 118,689,000 |
| Total loans | 53,995,000 | 56,456,000 | 57,414,000 | 56,587,000 |
| Allowance for loan losses | 414,000 | 416,000 | 415,000 | 411,000 |
| Securities available for sale | 47,374,000 | 49,468,000 | 46,368,000 | 42,629,000 |
| Securities held to maturity | 7,264,000 | 6,801,000 | 6,799,000 | 6,798,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,405,000 | 107,747,000 | 104,955,000 | 106,242,000 |
| Interest-bearing deposits | 86,678,000 | 83,533,000 | 82,698,000 | 81,666,000 |
| Noninterest-bearing deposits | 23,728,000 | 24,214,000 | 22,258,000 | 24,576,000 |
| Equity capital | 12,379,000 | 12,623,000 | 12,446,000 | 12,334,000 |
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 | 884,000 | 1,784,000 | 2,696,000 | 3,580,000 |
| Interest expense | 147,000 | 278,000 | 400,000 | 511,000 |
| Net interest income | 737,000 | 1,506,000 | 2,296,000 | 3,069,000 |
| Noninterest income | 380,000 | 555,000 | 624,000 | 678,000 |
| Noninterest expense | 751,000 | 1,424,000 | 2,107,000 | 2,851,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 313,000 | 507,000 | 612,000 | 624,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 313,000 | 507,000 | 612,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,928,000 | 11,123,000 | 10,930,000 | 10,943,000 |
| Total capital | 11,342,000 | 11,539,000 | 11,345,000 | 11,354,000 |
| Risk-weighted assets | 68,035,000 | 72,115,000 | 71,252,000 | 71,843,000 |