Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND 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 | 920,645,000 | 905,303,000 | 892,542,000 | 901,018,000 |
| Total loans | 237,602,000 | 239,603,000 | 241,493,000 | 253,474,000 |
| Allowance for loan losses | 1,776,000 | 1,613,000 | 1,624,000 | 1,481,000 |
| Securities available for sale | 483,665,000 | 519,095,000 | 505,447,000 | 536,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 750,734,000 | 726,587,000 | 721,741,000 | 728,657,000 |
| Interest-bearing deposits | 740,216,000 | 715,656,000 | 712,929,000 | 718,442,000 |
| Noninterest-bearing deposits | 10,518,000 | 10,931,000 | 8,812,000 | 10,215,000 |
| Equity capital | 89,694,000 | 89,083,000 | 90,302,000 | 89,453,000 |
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 | 6,340,000 | 12,602,000 | 18,197,000 | 24,083,000 |
| Interest expense | 2,248,000 | 4,503,000 | 6,626,000 | 9,073,000 |
| Net interest income | 4,092,000 | 8,099,000 | 11,571,000 | 15,010,000 |
| Noninterest income | 263,000 | 618,000 | 984,000 | 1,565,000 |
| Noninterest expense | 2,870,000 | 5,567,000 | 8,182,000 | 10,822,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,457,000 | 5,976,000 | 9,619,000 | 11,877,000 |
| Income tax | 381,000 | 950,000 | 1,660,000 | 1,907,000 |
| Net income | 2,076,000 | 5,026,000 | 7,959,000 | 9,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,422,000 | 83,374,000 | 86,305,000 | 88,505,000 |
| Total capital | 84,198,000 | 84,987,000 | 87,929,000 | 89,986,000 |
| Risk-weighted assets | 420,196,000 | 433,162,000 | 472,813,000 | 452,708,000 |