Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS 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 | 907,847,000 | 857,020,000 | 834,867,000 | 839,698,000 |
| Total loans | 241,705,000 | 240,858,000 | 247,695,000 | 254,095,000 |
| Allowance for loan losses | 1,436,000 | 1,405,000 | 1,382,000 | 1,110,000 |
| Securities available for sale | 478,325,000 | 492,787,000 | 491,206,000 | 480,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 754,253,000 | 710,878,000 | 669,864,000 | 671,466,000 |
| Interest-bearing deposits | 744,194,000 | 700,885,000 | 660,323,000 | 660,084,000 |
| Noninterest-bearing deposits | 10,059,000 | 9,993,000 | 9,541,000 | 11,382,000 |
| Equity capital | 77,199,000 | 62,918,000 | 54,036,000 | 50,124,000 |
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 | 5,859,000 | 12,355,000 | 19,875,000 | 27,033,000 |
| Interest expense | 1,870,000 | 3,879,000 | 6,417,000 | 8,720,000 |
| Net interest income | 3,989,000 | 8,476,000 | 13,458,000 | 18,313,000 |
| Noninterest income | 360,000 | 713,000 | 1,083,000 | 1,505,000 |
| Noninterest expense | 2,443,000 | 4,977,000 | 7,824,000 | 10,673,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,393,000 | 4,711,000 | 7,280,000 | 9,779,000 |
| Income tax | 459,000 | 882,000 | 1,323,000 | 1,526,000 |
| Net income | 1,934,000 | 3,829,000 | 5,957,000 | 8,253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,293,000 | 88,188,000 | 90,315,000 | 88,393,000 |
| Total capital | 87,729,000 | 89,593,000 | 91,697,000 | 89,503,000 |
| Risk-weighted assets | 478,870,000 | 437,821,000 | 483,873,000 | 455,953,000 |