Call reports 2023
FARMERS AND MERCHANTS BANK — 2023
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 473,903,000 | 486,431,000 | 502,138,000 | 499,929,000 |
| Total loans | 276,276,000 | 288,171,000 | 289,639,000 | 291,071,000 |
| Allowance for loan losses | 6,730,000 | 7,021,000 | 6,982,000 | 7,217,000 |
| Securities available for sale | 149,005,000 | 134,294,000 | 133,722,000 | 141,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,321,000 | 393,869,000 | 407,540,000 | 402,231,000 |
| Interest-bearing deposits | 327,385,000 | 310,719,000 | 326,697,000 | 324,587,000 |
| Noninterest-bearing deposits | 84,936,000 | 83,150,000 | 80,843,000 | 77,644,000 |
| Equity capital | 55,119,000 | 55,741,000 | 55,064,000 | 59,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,519,000 | 11,567,000 | 18,173,000 | 25,002,000 |
| Interest expense | 925,000 | 1,979,000 | 3,555,000 | 5,383,000 |
| Net interest income | 4,594,000 | 9,588,000 | 14,618,000 | 19,619,000 |
| Noninterest income | 1,419,000 | 2,809,000 | 5,283,000 | 7,173,000 |
| Noninterest expense | 3,704,000 | 7,558,000 | 11,836,000 | 16,319,000 |
| Provision for loan losses | 0 | 354,000 | 354,000 | 1,154,000 |
| Pretax income | 2,282,000 | 4,064,000 | 7,077,000 | 8,508,000 |
| Income tax | 239,000 | 639,000 | 1,236,000 | 1,660,000 |
| Net income | 2,043,000 | 3,425,000 | 5,841,000 | 6,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,762,000 | 64,171,000 | 66,610,000 | 65,455,000 |
Machine access — free, no API key
Every figure shown here about FARMERS AND MERCHANTS BANK — 2023 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.