Call reports 2021
FARMERS AND MERCHANTS STATE BANK — 2021
What FARMERS AND MERCHANTS STATE 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 | 130,924,000 | 135,189,000 | 130,163,000 | 136,964,000 |
| Total loans | 100,889,000 | 104,429,000 | 97,079,000 | 97,980,000 |
| Allowance for loan losses | 1,773,000 | 1,806,000 | 1,635,000 | 1,642,000 |
| Securities available for sale | 8,599,000 | 16,377,000 | 22,335,000 | 24,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,971,000 | 120,718,000 | 115,455,000 | 122,839,000 |
| Interest-bearing deposits | 91,479,000 | 93,923,000 | 92,345,000 | 91,193,000 |
| Noninterest-bearing deposits | 25,492,000 | 26,795,000 | 23,110,000 | 31,646,000 |
| Equity capital | 13,387,000 | 13,806,000 | 13,950,000 | 13,600,000 |
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 | 1,547,000 | 3,215,000 | 4,789,000 | 6,195,000 |
| Interest expense | 153,000 | 308,000 | 452,000 | 585,000 |
| Net interest income | 1,394,000 | 2,907,000 | 4,337,000 | 5,610,000 |
| Noninterest income | 111,000 | 248,000 | 385,000 | 517,000 |
| Noninterest expense | 634,000 | 1,305,000 | 1,993,000 | 2,779,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 105,000 |
| Pretax income | 871,000 | 1,850,000 | 2,629,000 | 3,243,000 |
| Income tax | 39,000 | 84,000 | 124,000 | 148,000 |
| Net income | 832,000 | 1,766,000 | 2,505,000 | 3,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,324,000 | 13,751,000 | 13,983,000 | 13,860,000 |
| Total capital | 14,704,000 | 15,093,000 | 15,302,000 | 15,204,000 |
| Risk-weighted assets | 110,045,000 | 106,928,000 | 105,264,000 | 107,291,000 |