Call reports 2022
MERCHANTS AND FARMERS BANK — 2022
What MERCHANTS AND FARMERS 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 | 197,647,000 | 200,516,000 | 226,540,000 | 222,097,000 |
| Total loans | 133,695,000 | 157,473,000 | 184,314,000 | 174,782,000 |
| Allowance for loan losses | 1,983,000 | 2,034,000 | 2,082,000 | 2,111,000 |
| Securities available for sale | 15,694,000 | 14,836,000 | 13,138,000 | 13,595,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,095,000 | 170,186,000 | 185,666,000 | 188,321,000 |
| Interest-bearing deposits | 134,277,000 | 133,658,000 | 143,405,000 | 143,298,000 |
| Noninterest-bearing deposits | 34,818,000 | 36,528,000 | 42,261,000 | 45,023,000 |
| Equity capital | 18,165,000 | 19,832,000 | 22,251,000 | 23,232,000 |
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 | 1,884,000 | 4,086,000 | 6,610,000 | 9,312,000 |
| Interest expense | 150,000 | 324,000 | 578,000 | 943,000 |
| Net interest income | 1,734,000 | 3,762,000 | 6,032,000 | 8,369,000 |
| Noninterest income | 263,000 | 546,000 | 772,000 | 1,089,000 |
| Noninterest expense | 1,582,000 | 3,085,000 | 4,699,000 | 6,293,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 355,000 | 1,103,000 | 1,925,000 | 2,925,000 |
| Income tax | 69,000 | 252,000 | 455,000 | 706,000 |
| Net income | 286,000 | 851,000 | 1,470,000 | 2,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,715,000 | 21,010,000 | 23,630,000 | 24,379,000 |
| Total capital | 20,662,000 | 23,044,000 | 25,712,000 | 26,490,000 |
| Risk-weighted assets | 155,748,000 | 173,792,000 | 197,219,000 | 187,740,000 |