Call reports 2025
FARMERS & MERCHANTS STATE BANK, THE — 2025
What FARMERS & MERCHANTS STATE BANK, THE 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 | 3,379,947,000 | 3,336,814,000 | 3,382,310,000 | 3,426,287,000 |
| Total loans | 2,584,235,000 | 2,633,253,000 | 2,663,146,000 | 2,717,612,000 |
| Allowance for loan losses | 26,352,000 | 26,977,000 | 27,475,000 | 27,688,000 |
| Securities available for sale | 432,017,000 | 424,815,000 | 416,428,000 | 415,720,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,702,939,000 | 2,713,985,000 | 2,755,764,000 | 2,735,120,000 |
| Interest-bearing deposits | 2,197,966,000 | 2,212,525,000 | 2,251,169,000 | 2,203,408,000 |
| Noninterest-bearing deposits | 504,973,000 | 501,460,000 | 504,595,000 | 531,712,000 |
| Equity capital | 367,102,000 | 372,919,000 | 383,924,000 | 392,654,000 |
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 | 40,947,000 | 84,365,000 | 128,779,000 | 173,275,000 |
| Interest expense | 16,809,000 | 34,305,000 | 51,604,000 | 68,114,000 |
| Net interest income | 24,138,000 | 50,060,000 | 77,175,000 | 105,161,000 |
| Noninterest income | 3,992,000 | 7,675,000 | 11,497,000 | 15,521,000 |
| Noninterest expense | 18,312,000 | 36,841,000 | 55,804,000 | 74,009,000 |
| Provision for loan losses | 811,000 | 1,472,000 | 2,029,000 | 2,596,000 |
| Pretax income | 9,304,000 | 19,707,000 | 31,340,000 | 44,596,000 |
| Income tax | 1,927,000 | 4,068,000 | 6,535,000 | 9,668,000 |
| Net income | 7,377,000 | 15,639,000 | 24,805,000 | 34,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 296,322,000 | 301,681,000 | 307,940,000 | 315,009,000 |
| Total capital | 323,112,000 | 329,123,000 | 335,608,000 | 342,889,000 |
| Risk-weighted assets | 2,606,648,000 | 2,648,735,000 | 2,675,109,000 | 2,737,240,000 |