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 | 125,097,000 | 128,154,000 | 130,103,000 | 135,170,000 |
| Total loans | 65,366,000 | 68,388,000 | 69,913,000 | 73,718,000 |
| Allowance for loan losses | 1,183,000 | 1,212,000 | 1,246,000 | 1,237,000 |
| Securities available for sale | 19,048,000 | 25,098,000 | 24,636,000 | 27,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,188,000 | 118,106,000 | 119,855,000 | 125,051,000 |
| Interest-bearing deposits | 58,520,000 | 59,881,000 | 60,629,000 | 61,882,000 |
| Noninterest-bearing deposits | 56,668,000 | 58,225,000 | 59,226,000 | 63,169,000 |
| Equity capital | 9,680,000 | 9,743,000 | 9,852,000 | 9,744,000 |
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 | 814,000 | 1,665,000 | 2,535,000 | 3,435,000 |
| Interest expense | 13,000 | 24,000 | 35,000 | 47,000 |
| Net interest income | 801,000 | 1,641,000 | 2,500,000 | 3,388,000 |
| Noninterest income | 143,000 | 292,000 | 446,000 | 597,000 |
| Noninterest expense | 855,000 | 1,722,000 | 2,573,000 | 3,444,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 59,000 | 151,000 | 283,000 | 421,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 59,000 | 151,000 | 283,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,254,000 | 9,346,000 | 9,478,000 | 9,617,000 |
| Total capital | — | 10,206,000 | 10,361,000 | 10,540,000 |
| Risk-weighted assets | — | 68,457,000 | 70,340,000 | 73,556,000 |