Call reports 2022
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2022
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA 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 | 126,679,000 | 123,610,000 | 118,751,000 | 119,283,000 |
| Total loans | 51,031,000 | 54,704,000 | 57,934,000 | 58,122,000 |
| Allowance for loan losses | 338,000 | 347,000 | 347,000 | 346,000 |
| Securities available for sale | 40,724,000 | 44,442,000 | 42,159,000 | 43,202,000 |
| Securities held to maturity | 9,835,000 | 6,562,000 | 6,560,000 | 6,557,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,973,000 | 115,371,000 | 109,403,000 | 107,416,000 |
| Interest-bearing deposits | 90,345,000 | 86,581,000 | 84,609,000 | 81,441,000 |
| Noninterest-bearing deposits | 26,628,000 | 28,790,000 | 24,795,000 | 25,975,000 |
| Equity capital | 9,619,000 | 8,149,000 | 6,578,000 | 7,935,000 |
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 | 792,000 | 1,653,000 | 2,598,000 | 3,584,000 |
| Interest expense | 102,000 | 196,000 | 287,000 | 399,000 |
| Net interest income | 690,000 | 1,457,000 | 2,311,000 | 3,185,000 |
| Noninterest income | 53,000 | 108,000 | 163,000 | 242,000 |
| Noninterest expense | 653,000 | 1,339,000 | 1,841,000 | 2,502,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 39,000 | 134,000 | 516,000 | 792,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 39,000 | 134,000 | 516,000 | 792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,983,000 | 11,080,000 | 11,463,000 | 11,742,000 |
| Total capital | 11,321,000 | 11,427,000 | 11,810,000 | 12,088,000 |
| Risk-weighted assets | 72,273,000 | 69,949,000 | 73,572,000 | 74,070,000 |