Call reports 2022
FARMERS AND MERCHANTS STATE BANK — 2022
What FARMERS AND MERCHANTS STATE 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 | 127,704,000 | 133,260,000 | 133,851,000 | 135,991,000 |
| Total loans | 92,862,000 | 93,802,000 | 98,024,000 | 101,839,000 |
| Allowance for loan losses | 1,643,000 | 1,626,000 | 1,624,000 | 1,542,000 |
| Securities available for sale | 22,840,000 | 23,678,000 | 24,931,000 | 25,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,484,000 | 120,415,000 | 115,360,000 | 120,032,000 |
| Interest-bearing deposits | 87,448,000 | 90,886,000 | 86,671,000 | 90,878,000 |
| Noninterest-bearing deposits | 27,036,000 | 29,529,000 | 28,689,000 | 29,154,000 |
| Equity capital | 12,612,000 | 12,150,000 | 11,283,000 | 11,639,000 |
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 | 1,463,000 | 2,760,000 | 4,175,000 | 5,640,000 |
| Interest expense | 118,000 | 233,000 | 385,000 | 623,000 |
| Net interest income | 1,345,000 | 2,527,000 | 3,790,000 | 5,017,000 |
| Noninterest income | 124,000 | 285,000 | 433,000 | 594,000 |
| Noninterest expense | 685,000 | 1,392,000 | 2,150,000 | 2,972,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 784,000 | 1,426,000 | 2,079,000 | 2,620,000 |
| Income tax | 36,000 | 69,000 | 102,000 | 126,000 |
| Net income | 748,000 | 1,357,000 | 1,977,000 | 2,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,187,000 | 14,376,000 | 14,576,000 | 14,428,000 |
| Total capital | 15,484,000 | 15,708,000 | 15,980,000 | 15,846,000 |
| Risk-weighted assets | 103,467,000 | 106,325,000 | 112,127,000 | 113,374,000 |