Call reports 2021
FARMERS AND MERCHANTS STATE BANK, THE — 2021
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 36,062,000 | 35,947,000 | 34,537,000 | 35,548,000 |
| Total loans | 13,293,000 | 14,124,000 | 12,766,000 | 12,262,000 |
| Allowance for loan losses | 187,000 | 187,000 | 186,000 | 176,000 |
| Securities available for sale | 16,157,000 | 15,694,000 | 16,217,000 | 16,212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,408,000 | 32,213,000 | 30,880,000 | 32,017,000 |
| Interest-bearing deposits | 26,135,000 | 26,074,000 | 23,566,000 | 24,836,000 |
| Noninterest-bearing deposits | 6,273,000 | 6,140,000 | 7,314,000 | 7,181,000 |
| Equity capital | 3,542,000 | 3,563,000 | 3,482,000 | 3,424,000 |
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 | 218,000 | 448,000 | 672,000 | 883,000 |
| Interest expense | 20,000 | 38,000 | 52,000 | 65,000 |
| Net interest income | 198,000 | 410,000 | 620,000 | 818,000 |
| Noninterest income | 180,000 | 283,000 | 295,000 | 314,000 |
| Noninterest expense | 219,000 | 455,000 | 680,000 | 935,000 |
| Provision for loan losses | 0 | 0 | 65,000 | 85,000 |
| Pretax income | 159,000 | 238,000 | 170,000 | 112,000 |
| Income tax | 0 | 86,000 | 85,000 | 33,000 |
| Net income | 159,000 | 152,000 | 85,000 | 79,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,351,000 | 3,343,000 | 3,276,000 | 3,269,000 |
| Total capital | — | 3,530,000 | 3,462,000 | — |
| Risk-weighted assets | — | 15,859,000 | 15,915,000 | — |