Call reports 2023
FARMERS & MERCHANTS BANK & TRUST — 2023
What FARMERS & MERCHANTS BANK & TRUST 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 | 162,608,000 | 165,195,000 | 164,794,000 | 166,291,000 |
| Total loans | 104,501,000 | 107,237,000 | 109,698,000 | 110,212,000 |
| Allowance for loan losses | 1,253,000 | 1,258,000 | 1,264,000 | 1,277,000 |
| Securities available for sale | 50,806,000 | 46,648,000 | 42,875,000 | 44,180,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,888,000 | 138,033,000 | 140,234,000 | 142,156,000 |
| Interest-bearing deposits | 116,713,000 | 113,724,000 | 113,186,000 | 116,401,000 |
| Noninterest-bearing deposits | 27,175,000 | 24,309,000 | 27,048,000 | 25,755,000 |
| Equity capital | 13,151,000 | 12,664,000 | 11,961,000 | 13,358,000 |
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 | 1,582,000 | 3,217,000 | 4,990,000 | 6,822,000 |
| Interest expense | 272,000 | 618,000 | 1,092,000 | 1,609,000 |
| Net interest income | 1,310,000 | 2,599,000 | 3,898,000 | 5,213,000 |
| Noninterest income | 223,000 | 332,000 | 429,000 | 530,000 |
| Noninterest expense | 1,235,000 | 2,435,000 | 3,626,000 | 4,884,000 |
| Provision for loan losses | 0 | 0 | 0 | 14,000 |
| Pretax income | 220,000 | 255,000 | 396,000 | 540,000 |
| Income tax | 56,000 | 62,000 | 94,000 | 452,000 |
| Net income | 164,000 | 193,000 | 302,000 | 88,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,616,000 | 18,571,000 | 18,605,000 | 18,841,000 |
| Total capital | 19,869,000 | 19,829,000 | 19,869,000 | 20,118,000 |
| Risk-weighted assets | 113,088,000 | 115,830,000 | 116,676,000 | 115,483,000 |