Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND 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 | 436,159,000 | 446,725,000 | 450,817,000 | 470,062,000 |
| Total loans | 224,759,000 | 233,112,000 | 222,424,000 | 222,927,000 |
| Allowance for loan losses | 3,783,000 | 3,723,000 | 3,717,000 | 4,582,000 |
| Securities available for sale | 126,435,000 | 126,053,000 | 132,300,000 | 135,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 372,781,000 | 378,672,000 | 380,153,000 | 403,101,000 |
| Interest-bearing deposits | 301,979,000 | 305,298,000 | 305,269,000 | 314,622,000 |
| Noninterest-bearing deposits | 70,802,000 | 73,374,000 | 74,884,000 | 88,479,000 |
| Equity capital | 58,914,000 | 60,635,000 | 64,435,000 | 61,876,000 |
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 | 5,339,000 | 10,090,000 | 16,017,000 | 20,762,000 |
| Interest expense | 422,000 | 811,000 | 1,184,000 | 1,533,000 |
| Net interest income | 4,917,000 | 9,279,000 | 14,833,000 | 19,229,000 |
| Noninterest income | 1,218,000 | 2,435,000 | 5,615,000 | 6,991,000 |
| Noninterest expense | 3,205,000 | 6,641,000 | 10,112,000 | 15,031,000 |
| Provision for loan losses | 0 | 0 | 0 | 950,000 |
| Pretax income | 2,930,000 | 5,073,000 | 10,336,000 | 10,239,000 |
| Income tax | 194,000 | 884,000 | 1,966,000 | 1,994,000 |
| Net income | 2,736,000 | 4,189,000 | 8,370,000 | 8,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,126,000 | 56,993,000 | 61,135,000 | 59,048,000 |