Call reports 2025
FARMERS AND MERCHANTS STATE BANK, THE — 2025
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 34,291,000 | 34,558,000 | 33,249,000 | 34,044,000 |
| Total loans | 14,238,000 | 13,462,000 | 13,951,000 | 13,645,000 |
| Allowance for loan losses | 224,000 | 224,000 | 215,000 | 216,000 |
| Securities available for sale | 14,447,000 | 14,648,000 | 15,793,000 | 15,469,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,237,000 | 31,312,000 | 29,810,000 | 30,509,000 |
| Interest-bearing deposits | 24,652,000 | 25,153,000 | 23,801,000 | 24,303,000 |
| Noninterest-bearing deposits | 6,585,000 | 6,159,000 | 6,009,000 | 6,206,000 |
| Equity capital | 2,908,000 | 3,127,000 | 3,307,000 | 3,474,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 442,000 | 886,000 | 1,331,000 | 1,764,000 |
| Interest expense | 94,000 | 187,000 | 277,000 | 364,000 |
| Net interest income | 348,000 | 699,000 | 1,054,000 | 1,400,000 |
| Noninterest income | 51,000 | 66,000 | 81,000 | 123,000 |
| Noninterest expense | 252,000 | 504,000 | 788,000 | 1,097,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 147,000 | 261,000 | 347,000 | 426,000 |
| Income tax | 0 | 42,000 | 85,000 | 85,000 |
| Net income | 147,000 | 219,000 | 262,000 | 341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,967,000 | 4,040,000 | 4,083,000 | 4,161,000 |