FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

MERCHANTS AND FARMERS BANK — 2024Q1

The 22 measures MERCHANTS AND FARMERS BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/2dde45de-834a-4855-9140-3ab166638644/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets236,196,000USDevidence →
Total loans193,804,000USDevidence →
Allowance for loan losses2,509,000USDevidence →
Securities available for sale17,041,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits199,661,000USDevidence →
Interest-bearing deposits163,706,000USDevidence →
Noninterest-bearing deposits35,955,000USDevidence →
Equity capital25,138,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income3,690,000USDevidence →
Interest expense1,208,000USDevidence →
Net interest income2,482,000USDevidence →
Noninterest income314,000USDevidence →
Noninterest expense1,871,000USDevidence →
Provision for loan losses120,000USDevidence →
Pretax income805,000USDevidence →
Income tax178,000USDevidence →
Net income627,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital26,085,000USDevidence →
Total capital28,594,000USDevidence →
Risk-weighted assets204,784,000USDevidence →