Call reports 2023
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2023
What FARMERS AND MERCHANTS BANK OF LONG BEACH reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 12,021,615,000 | 12,268,215,000 | 12,464,229,000 | 12,035,854,000 |
| Total loans | 6,818,232,000 | 6,811,614,000 | 6,797,528,000 | 6,744,738,000 |
| Allowance for loan losses | 99,046,000 | 98,860,000 | 96,812,000 | 97,900,000 |
| Securities available for sale | 121,014,000 | 117,898,000 | 111,232,000 | 115,883,000 |
| Securities held to maturity | 4,673,407,000 | 4,552,911,000 | 4,428,968,000 | 4,301,360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,969,147,000 | 8,894,730,000 | 9,055,590,000 | 8,670,068,000 |
| Interest-bearing deposits | 5,807,432,000 | 5,807,376,000 | 5,996,879,000 | 5,789,753,000 |
| Noninterest-bearing deposits | 3,161,715,000 | 3,087,354,000 | 3,058,711,000 | 2,880,315,000 |
| Equity capital | 1,309,169,000 | 1,324,869,000 | 1,337,396,000 | 1,351,445,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 97,388,000 | 199,765,000 | 307,704,000 | 415,708,000 |
| Interest expense | 26,469,000 | 63,744,000 | 106,774,000 | 152,453,000 |
| Net interest income | 70,919,000 | 136,021,000 | 200,930,000 | 263,255,000 |
| Noninterest income | 2,854,000 | 6,307,000 | 9,437,000 | 12,690,000 |
| Noninterest expense | 47,413,000 | 97,329,000 | 148,715,000 | 197,613,000 |
| Provision for loan losses | 0 | 0 | -1,800,000 | -700,000 |
| Pretax income | 26,360,000 | 44,999,000 | 65,252,000 | 81,932,000 |
| Income tax | 4,736,000 | 5,227,000 | 8,093,000 | 11,925,000 |
| Net income | 21,624,000 | 39,772,000 | 57,159,000 | 70,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,315,305,000 | 1,329,327,000 | 1,343,587,000 | 1,353,714,000 |
| Total capital | 1,422,310,000 | 1,435,431,000 | 1,448,568,000 | 1,457,860,000 |
| Risk-weighted assets | 8,551,189,000 | 8,478,377,000 | 8,391,265,000 | 8,323,633,000 |