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 | 609,228,000 | 624,063,000 | 612,880,000 | 620,149,000 |
| Total loans | 400,461,000 | 410,363,000 | 412,771,000 | 402,672,000 |
| Allowance for loan losses | 6,049,000 | 5,863,000 | 5,800,000 | 5,724,000 |
| Securities available for sale | 74,602,000 | 75,029,000 | 75,175,000 | 76,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 563,663,000 | 559,864,000 | 563,227,000 | 575,155,000 |
| Interest-bearing deposits | 469,097,000 | 460,658,000 | 459,837,000 | 473,258,000 |
| Noninterest-bearing deposits | 94,566,000 | 99,206,000 | 103,390,000 | 101,897,000 |
| Equity capital | 34,258,000 | 35,634,000 | 37,086,000 | 44,317,000 |
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 | 6,415,000 | 12,839,000 | 18,978,000 | 24,981,000 |
| Interest expense | 1,211,000 | 2,163,000 | 2,923,000 | 3,572,000 |
| Net interest income | 5,204,000 | 10,676,000 | 16,055,000 | 21,409,000 |
| Noninterest income | -158,000 | -245,000 | 200,000 | 1,090,000 |
| Noninterest expense | 3,733,000 | 7,402,000 | 11,066,000 | 15,022,000 |
| Provision for loan losses | 250,000 | 250,000 | 800,000 | 800,000 |
| Pretax income | 1,080,000 | 2,802,000 | 4,412,000 | 6,702,000 |
| Income tax | 271,000 | 703,000 | 1,108,000 | 1,726,000 |
| Net income | 809,000 | 2,099,000 | 3,304,000 | 4,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,902,000 | 34,193,000 | 35,398,000 | 43,802,000 |
| Total capital | 37,349,000 | 38,874,000 | 40,203,000 | 48,693,000 |
| Risk-weighted assets | 354,145,000 | 373,340,000 | 383,406,000 | 390,468,000 |