Call reports 2021
FARMERS & MERCHANTS STATE BANK — 2021
What FARMERS & MERCHANTS STATE 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 | 220,657,000 | 222,034,000 | 221,581,000 | 231,003,000 |
| Total loans | 119,974,000 | 117,260,000 | 117,823,000 | 123,222,000 |
| Allowance for loan losses | 1,293,000 | 1,294,000 | 1,295,000 | 1,296,000 |
| Securities available for sale | 51,313,000 | 50,646,000 | 56,601,000 | 60,497,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,182,000 | 195,356,000 | 194,646,000 | 203,709,000 |
| Interest-bearing deposits | 140,413,000 | 140,006,000 | 139,525,000 | 139,138,000 |
| Noninterest-bearing deposits | 53,769,000 | 55,350,000 | 55,121,000 | 64,571,000 |
| Equity capital | 21,380,000 | 21,671,000 | 21,963,000 | 21,610,000 |
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 | 1,630,000 | 3,259,000 | 4,895,000 | 6,554,000 |
| Interest expense | 157,000 | 304,000 | 422,000 | 526,000 |
| Net interest income | 1,473,000 | 2,955,000 | 4,473,000 | 6,028,000 |
| Noninterest income | 634,000 | 1,156,000 | 1,365,000 | 1,563,000 |
| Noninterest expense | 1,034,000 | 2,090,000 | 3,159,000 | 4,328,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,073,000 | 2,021,000 | 2,679,000 | 3,263,000 |
| Income tax | 233,000 | 438,000 | 573,000 | 685,000 |
| Net income | 840,000 | 1,583,000 | 2,106,000 | 2,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,948,000 | 21,250,000 | 21,608,000 | 21,529,000 |
| Total capital | 22,241,000 | 22,544,000 | 22,903,000 | 22,825,000 |
| Risk-weighted assets | 137,870,000 | 148,363,000 | 148,853,000 | 140,200,000 |