Call reports 2021
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2021
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 10,453,776,000 | 10,684,147,000 | 11,286,280,000 | 11,438,260,000 |
| Total loans | 5,629,551,000 | 5,453,709,000 | 5,356,582,000 | 5,454,059,000 |
| Allowance for loan losses | 74,171,000 | 74,172,000 | 73,882,000 | 72,880,000 |
| Securities available for sale | 146,482,000 | 147,402,000 | 147,409,000 | 139,947,000 |
| Securities held to maturity | 3,506,580,000 | 3,899,259,000 | 4,117,419,000 | 4,366,821,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,242,315,000 | 8,371,971,000 | 8,947,240,000 | 9,241,490,000 |
| Interest-bearing deposits | 5,103,452,000 | 5,108,626,000 | 5,430,260,000 | 5,689,243,000 |
| Noninterest-bearing deposits | 3,138,863,000 | 3,263,345,000 | 3,516,980,000 | 3,552,247,000 |
| Equity capital | 1,165,113,000 | 1,191,540,000 | 1,216,010,000 | 1,241,562,000 |
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 | 73,892,000 | 151,682,000 | 231,347,000 | 307,546,000 |
| Interest expense | 3,386,000 | 6,482,000 | 9,467,000 | 12,232,000 |
| Net interest income | 70,506,000 | 145,200,000 | 221,880,000 | 295,314,000 |
| Noninterest income | 4,243,000 | 8,728,000 | 13,003,000 | 18,409,000 |
| Noninterest expense | 41,047,000 | 81,635,000 | 124,911,000 | 169,198,000 |
| Provision for loan losses | 2,000,000 | 2,000,000 | 1,000,000 | 0 |
| Pretax income | 31,702,000 | 70,293,000 | 108,972,000 | 144,525,000 |
| Income tax | 6,427,000 | 14,587,000 | 22,745,000 | 29,320,000 |
| Net income | 25,275,000 | 55,706,000 | 86,227,000 | 115,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,163,657,000 | 1,189,528,000 | 1,214,569,000 | 1,240,146,000 |
| Total capital | 1,243,078,000 | 1,268,600,000 | 1,292,901,000 | 1,316,826,000 |
| Risk-weighted assets | 6,465,975,000 | 6,691,063,000 | 6,857,201,000 | 7,069,200,000 |