Call reports 2025
FARMERS & MERCHANTS STATE BANK — 2025
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 259,073,000 | 258,704,000 | 257,164,000 | 267,560,000 |
| Total loans | 153,571,000 | 158,419,000 | 163,735,000 | 164,871,000 |
| Allowance for loan losses | 1,416,000 | 1,441,000 | 1,442,000 | 1,612,000 |
| Securities available for sale | 75,998,000 | 75,221,000 | 71,262,000 | 69,963,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,949,000 | 229,606,000 | 227,030,000 | 238,151,000 |
| Interest-bearing deposits | 169,995,000 | 167,327,000 | 165,195,000 | 166,800,000 |
| Noninterest-bearing deposits | 60,954,000 | 62,279,000 | 61,835,000 | 71,351,000 |
| Equity capital | 23,789,000 | 24,608,000 | 25,568,000 | 26,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 3,024,000 | 6,181,000 | 9,352,000 | 12,528,000 |
| Interest expense | 878,000 | 1,859,000 | 2,767,000 | 3,651,000 |
| Net interest income | 2,146,000 | 4,322,000 | 6,585,000 | 8,877,000 |
| Noninterest income | 179,000 | 422,000 | 607,000 | 822,000 |
| Noninterest expense | 1,313,000 | 2,624,000 | 3,904,000 | 5,314,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 220,000 |
| Pretax income | 1,012,000 | 2,070,000 | 3,238,000 | 4,165,000 |
| Income tax | 225,000 | 462,000 | 725,000 | 939,000 |
| Net income | 787,000 | 1,608,000 | 2,513,000 | 3,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,968,000 | 26,349,000 | 26,872,000 | 27,082,000 |
| Total capital | 27,365,000 | 27,771,000 | 28,294,000 | 28,674,000 |
| Risk-weighted assets | 164,835,000 | 168,293,000 | 176,410,000 | 174,615,000 |