Call reports 2021
FARMERS & MERCHANTS SAVINGS BANK — 2021
What FARMERS & MERCHANTS SAVINGS 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 | 92,133,000 | 93,341,000 | 91,360,000 | 91,441,000 |
| Total loans | 67,514,000 | 65,413,000 | 64,531,000 | 66,607,000 |
| Allowance for loan losses | 814,000 | 814,000 | 814,000 | 814,000 |
| Securities available for sale | 13,091,000 | 13,652,000 | 15,120,000 | 15,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,482,000 | 72,296,000 | 70,724,000 | 72,931,000 |
| Interest-bearing deposits | 54,025,000 | 54,860,000 | 52,866,000 | 55,363,000 |
| Noninterest-bearing deposits | 17,457,000 | 17,436,000 | 17,858,000 | 17,568,000 |
| Equity capital | 13,239,000 | 13,596,000 | 13,333,000 | 13,392,000 |
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 | 771,000 | 1,986,000 | 2,775,000 | 3,565,000 |
| Interest expense | 110,000 | 211,000 | 305,000 | 390,000 |
| Net interest income | 661,000 | 1,775,000 | 2,470,000 | 3,175,000 |
| Noninterest income | 294,000 | 110,000 | 224,000 | 284,000 |
| Noninterest expense | 548,000 | 1,055,000 | 1,559,000 | 2,036,000 |
| Provision for loan losses | 8,000 | 7,000 | 7,000 | 7,000 |
| Pretax income | 430,000 | 854,000 | 1,159,000 | 1,447,000 |
| Income tax | 105,000 | 209,000 | 270,000 | 334,000 |
| Net income | 325,000 | 645,000 | 889,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,403,000 | 11,743,000 | 11,482,000 | 11,726,000 |
| Total capital | — | 12,557,000 | 12,296,000 | 12,540,000 |
| Risk-weighted assets | — | 71,383,000 | 72,603,000 | 74,261,000 |