Call reports 2025
FARMERS AND MERCHANTS STATE BANK — 2025
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 166,873,000 | 158,972,000 | 162,942,000 | 181,818,000 |
| Total loans | 125,216,000 | 125,997,000 | 126,824,000 | 144,176,000 |
| Allowance for loan losses | 1,755,000 | 1,725,000 | 1,728,000 | 1,722,000 |
| Securities available for sale | 23,985,000 | 23,697,000 | 23,710,000 | 22,130,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,591,000 | 125,478,000 | 123,543,000 | 153,067,000 |
| Interest-bearing deposits | 98,976,000 | 99,115,000 | 99,462,000 | 126,768,000 |
| Noninterest-bearing deposits | 30,615,000 | 26,363,000 | 24,081,000 | 26,299,000 |
| Equity capital | 16,298,000 | 16,939,000 | 17,979,000 | 17,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 2,704,000 | 5,435,000 | 8,241,000 | 11,171,000 |
| Interest expense | 863,000 | 1,647,000 | 2,498,000 | 3,392,000 |
| Net interest income | 1,841,000 | 3,788,000 | 5,743,000 | 7,779,000 |
| Noninterest income | 135,000 | 293,000 | 435,000 | 621,000 |
| Noninterest expense | 820,000 | 1,626,000 | 2,426,000 | 3,330,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,156,000 | 2,355,000 | 3,652,000 | 4,641,000 |
| Income tax | 55,000 | 114,000 | 178,000 | 226,000 |
| Net income | 1,101,000 | 2,241,000 | 3,474,000 | 4,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,838,000 | 18,431,000 | 19,116,000 | 18,181,000 |
| Total capital | 19,575,000 | 20,171,000 | 20,944,000 | 20,003,000 |
| Risk-weighted assets | 138,993,000 | 139,162,000 | 146,909,000 | 160,836,000 |