Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 255,927,000 | 264,014,000 | 252,264,000 | 268,303,000 |
| Total loans | 79,633,000 | 80,930,000 | 86,696,000 | 91,093,000 |
| Allowance for loan losses | 970,000 | 979,000 | 949,000 | 974,000 |
| Securities available for sale | 142,871,000 | 143,274,000 | 139,732,000 | 140,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,903,000 | 249,160,000 | 242,537,000 | 256,994,000 |
| Interest-bearing deposits | 188,882,000 | 195,131,000 | 189,750,000 | 207,841,000 |
| Noninterest-bearing deposits | 46,021,000 | 54,029,000 | 52,787,000 | 49,153,000 |
| Equity capital | 19,833,000 | 13,636,000 | 8,406,000 | 10,163,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,023,000 | 4,135,000 | 6,480,000 | 8,980,000 |
| Interest expense | 182,000 | 377,000 | 586,000 | 882,000 |
| Net interest income | 1,841,000 | 3,758,000 | 5,894,000 | 8,098,000 |
| Noninterest income | 347,000 | 575,000 | 803,000 | 1,065,000 |
| Noninterest expense | 1,318,000 | 2,578,000 | 3,970,000 | 5,420,000 |
| Provision for loan losses | 30,000 | 50,000 | 80,000 | 130,000 |
| Pretax income | 840,000 | 1,705,000 | 2,647,000 | 3,613,000 |
| Income tax | 173,000 | 333,000 | 515,000 | 688,000 |
| Net income | 667,000 | 1,372,000 | 2,132,000 | 2,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,022,000 | 27,727,000 | 28,487,000 | 28,361,000 |
| Total capital | 27,992,000 | 28,706,000 | 29,436,000 | 29,335,000 |
| Risk-weighted assets | 146,529,000 | 152,765,000 | 158,501,000 | 164,819,000 |