Call reports 2022
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2022
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 11,673,393,000 | 11,731,961,000 | 11,937,528,000 | 12,054,744,000 |
| Total loans | 5,477,312,000 | 5,853,972,000 | 6,468,803,000 | 6,750,962,000 |
| Allowance for loan losses | 71,895,000 | 71,801,000 | 76,485,000 | 76,503,000 |
| Securities available for sale | 131,088,000 | 122,565,000 | 122,916,000 | 123,919,000 |
| Securities held to maturity | 4,721,132,000 | 5,027,557,000 | 4,880,124,000 | 4,789,522,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,359,167,000 | 9,461,867,000 | 9,350,260,000 | 9,142,496,000 |
| Interest-bearing deposits | 5,761,861,000 | 5,873,440,000 | 5,746,426,000 | 5,787,198,000 |
| Noninterest-bearing deposits | 3,597,306,000 | 3,588,427,000 | 3,603,834,000 | 3,355,298,000 |
| Equity capital | 1,259,269,000 | 1,275,644,000 | 1,293,210,000 | 1,313,082,000 |
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 | 75,288,000 | 156,470,000 | 244,446,000 | 340,389,000 |
| Interest expense | 2,664,000 | 5,704,000 | 12,623,000 | 31,234,000 |
| Net interest income | 72,624,000 | 150,766,000 | 231,823,000 | 309,155,000 |
| Noninterest income | 4,148,000 | 8,024,000 | 11,671,000 | 14,900,000 |
| Noninterest expense | 42,783,000 | 88,859,000 | 135,597,000 | 185,323,000 |
| Provision for loan losses | -1,000,000 | -1,000,000 | 3,500,000 | 3,500,000 |
| Pretax income | 34,989,000 | 70,931,000 | 104,436,000 | 135,271,000 |
| Income tax | 7,154,000 | 14,007,000 | 20,879,000 | 26,269,000 |
| Net income | 27,835,000 | 56,924,000 | 83,557,000 | 109,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,263,333,000 | 1,282,267,000 | 1,303,679,000 | 1,320,795,000 |
| Total capital | 1,338,228,000 | 1,357,068,000 | 1,383,364,000 | 1,400,798,000 |
| Risk-weighted assets | 7,165,974,000 | 7,951,520,000 | 8,326,586,000 | 8,556,387,000 |