Call reports 2021
FARMERS & MERCHANTS BANK — 2021
What FARMERS & MERCHANTS BANK 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 | 281,298,000 | 291,450,000 | 297,674,000 | 322,913,000 |
| Total loans | 125,630,000 | 125,202,000 | 127,939,000 | 134,831,000 |
| Allowance for loan losses | 2,037,000 | 2,100,000 | 2,098,000 | 2,123,000 |
| Securities available for sale | 93,062,000 | 99,253,000 | 106,505,000 | 109,564,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,669,000 | 255,221,000 | 261,218,000 | 287,133,000 |
| Interest-bearing deposits | 169,477,000 | 179,067,000 | 182,300,000 | 202,952,000 |
| Noninterest-bearing deposits | 76,192,000 | 76,155,000 | 78,918,000 | 84,181,000 |
| Equity capital | 33,740,000 | 34,244,000 | 34,419,000 | 33,920,000 |
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 | 2,290,000 | 4,543,000 | 6,829,000 | 9,147,000 |
| Interest expense | 203,000 | 407,000 | 616,000 | 816,000 |
| Net interest income | 2,087,000 | 4,136,000 | 6,213,000 | 8,331,000 |
| Noninterest income | 369,000 | 729,000 | 1,106,000 | 1,491,000 |
| Noninterest expense | 1,883,000 | 3,763,000 | 5,708,000 | 7,654,000 |
| Provision for loan losses | 90,000 | 150,000 | 150,000 | 250,000 |
| Pretax income | 582,000 | 1,051,000 | 1,560,000 | 2,017,000 |
| Income tax | 112,000 | 221,000 | 330,000 | 357,000 |
| Net income | 470,000 | 830,000 | 1,230,000 | 1,660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,869,000 | 33,053,000 | 33,278,000 | 33,534,000 |
| Total capital | 34,906,000 | 35,153,000 | 35,376,000 | 35,657,000 |
| Risk-weighted assets | 183,031,000 | 176,801,000 | 182,532,000 | 193,755,000 |