Call reports 2021
FARMERS & MERCHANTS STATE BANK, THE — 2021
What FARMERS & MERCHANTS STATE BANK, THE 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 | 1,969,334,000 | 2,142,721,000 | 2,194,576,000 | 2,608,177,000 |
| Total loans | 1,349,190,000 | 1,466,464,000 | 1,499,297,000 | 1,865,133,000 |
| Allowance for loan losses | 14,425,000 | 15,087,000 | 15,698,000 | 16,242,000 |
| Securities available for sale | 343,039,000 | 397,568,000 | 416,821,000 | 420,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,706,685,000 | 1,854,761,000 | 1,896,377,000 | 2,197,311,000 |
| Interest-bearing deposits | 1,299,293,000 | 1,410,210,000 | 1,428,152,000 | 1,719,773,000 |
| Noninterest-bearing deposits | 407,392,000 | 444,551,000 | 468,225,000 | 477,538,000 |
| Equity capital | 202,636,000 | 226,065,000 | 237,175,000 | 338,438,000 |
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 | 16,668,000 | 34,127,000 | 54,184,000 | 76,545,000 |
| Interest expense | 1,728,000 | 3,282,000 | 4,755,000 | 6,599,000 |
| Net interest income | 14,940,000 | 30,845,000 | 49,429,000 | 69,946,000 |
| Noninterest income | 4,118,000 | 7,385,000 | 10,947,000 | 15,207,000 |
| Noninterest expense | 11,899,000 | 24,235,000 | 38,058,000 | 52,266,000 |
| Provision for loan losses | 1,700,000 | 2,341,000 | 3,000,000 | 3,444,000 |
| Pretax income | 5,547,000 | 11,751,000 | 19,429,000 | 29,595,000 |
| Income tax | 1,059,000 | 2,445,000 | 4,166,000 | 6,343,000 |
| Net income | 4,488,000 | 9,306,000 | 15,263,000 | 23,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 151,980,000 | 165,286,000 | 177,301,000 | 256,943,000 |
| Total capital | 167,457,000 | 181,518,000 | 194,038,000 | 274,226,000 |
| Risk-weighted assets | 1,366,390,000 | 1,525,074,000 | 1,576,146,000 | 1,801,725,000 |