Call reports 2022
FARMERS & MERCHANTS STATE BANK — 2022
What FARMERS & MERCHANTS STATE 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 | 228,188,000 | 231,324,000 | 225,050,000 | 226,374,000 |
| Total loans | 118,993,000 | 123,657,000 | 129,325,000 | 134,128,000 |
| Allowance for loan losses | 1,296,000 | 1,296,000 | 1,298,000 | 1,298,000 |
| Securities available for sale | 66,736,000 | 73,980,000 | 74,758,000 | 74,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,642,000 | 206,773,000 | 201,555,000 | 202,056,000 |
| Interest-bearing deposits | 139,548,000 | 143,070,000 | 138,255,000 | 138,536,000 |
| Noninterest-bearing deposits | 63,094,000 | 63,703,000 | 63,301,000 | 63,520,000 |
| Equity capital | 19,794,000 | 18,811,000 | 17,660,000 | 18,568,000 |
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 | 1,639,000 | 3,420,000 | 5,411,000 | 7,525,000 |
| Interest expense | 93,000 | 166,000 | 257,000 | 420,000 |
| Net interest income | 1,546,000 | 3,254,000 | 5,154,000 | 7,105,000 |
| Noninterest income | 209,000 | 420,000 | 622,000 | 808,000 |
| Noninterest expense | 1,138,000 | 2,252,000 | 3,355,000 | 4,523,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 617,000 | 1,422,000 | 2,421,000 | 3,390,000 |
| Income tax | 111,000 | 298,000 | 520,000 | 738,000 |
| Net income | 506,000 | 1,124,000 | 1,901,000 | 2,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,870,000 | 22,048,000 | 22,659,000 | 22,850,000 |
| Total capital | 23,166,000 | 23,344,000 | 23,957,000 | 24,148,000 |
| Risk-weighted assets | 135,840,000 | 139,208,000 | 144,816,000 | 149,725,000 |