Call reports 2022
FARMERS AND MERCHANTS STATE BANK, THE — 2022
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 35,030,000 | 37,335,000 | 33,760,000 | 35,497,000 |
| Total loans | 12,676,000 | 12,979,000 | 12,531,000 | 11,785,000 |
| Allowance for loan losses | 176,000 | 176,000 | 176,000 | 176,000 |
| Securities available for sale | 15,015,000 | 17,755,000 | 18,258,000 | 18,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,365,000 | 35,128,000 | 32,160,000 | 33,497,000 |
| Interest-bearing deposits | 25,240,000 | 27,623,000 | 24,867,000 | 25,275,000 |
| Noninterest-bearing deposits | 7,125,000 | 7,505,000 | 7,293,000 | 8,223,000 |
| Equity capital | 2,652,000 | 2,199,000 | 1,574,000 | 1,986,000 |
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 | 225,000 | 489,000 | 787,000 | 1,101,000 |
| Interest expense | 11,000 | 21,000 | 31,000 | 54,000 |
| Net interest income | 214,000 | 468,000 | 756,000 | 1,047,000 |
| Noninterest income | 15,000 | 31,000 | 44,000 | 109,000 |
| Noninterest expense | 230,000 | 455,000 | 719,000 | 1,012,000 |
| Provision for loan losses | 0 | 0 | 0 | 13,000 |
| Pretax income | -1,000 | 44,000 | 81,000 | 131,000 |
| Income tax | -32,000 | -32,000 | -32,000 | -24,000 |
| Net income | 31,000 | 76,000 | 113,000 | 155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,271,000 | 3,316,000 | 3,353,000 | 3,395,000 |