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 | 220,554,000 | 235,642,000 | 247,274,000 | 260,888,000 |
| Total loans | 78,906,000 | 80,571,000 | 81,304,000 | 80,030,000 |
| Allowance for loan losses | 987,000 | 1,025,000 | 1,047,000 | 985,000 |
| Securities available for sale | 119,613,000 | 123,741,000 | 126,912,000 | 135,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,969,000 | 206,014,000 | 216,857,000 | 231,638,000 |
| Interest-bearing deposits | 152,560,000 | 162,955,000 | 170,033,000 | 185,715,000 |
| Noninterest-bearing deposits | 40,409,000 | 43,059,000 | 46,824,000 | 45,923,000 |
| Equity capital | 26,396,000 | 28,020,000 | 28,669,000 | 27,894,000 |
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 | 1,749,000 | 3,646,000 | 5,514,000 | 7,428,000 |
| Interest expense | 192,000 | 383,000 | 571,000 | 759,000 |
| Net interest income | 1,557,000 | 3,263,000 | 4,943,000 | 6,669,000 |
| Noninterest income | 469,000 | 711,000 | 1,187,000 | 1,505,000 |
| Noninterest expense | 1,213,000 | 2,354,000 | 3,592,000 | 4,868,000 |
| Provision for loan losses | 40,000 | 70,000 | 130,000 | 150,000 |
| Pretax income | 773,000 | 1,550,000 | 2,539,000 | 3,286,000 |
| Income tax | 153,000 | 292,000 | 516,000 | 614,000 |
| Net income | 620,000 | 1,258,000 | 2,023,000 | 2,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,222,000 | 25,859,000 | 26,624,000 | 26,355,000 |
| Total capital | 26,209,000 | 26,884,000 | 27,671,000 | 27,340,000 |
| Risk-weighted assets | 129,030,000 | 134,975,000 | 139,083,000 | 144,469,000 |