Call reports 2024
FARMERS & MERCHANTS BANK & TRUST — 2024
What FARMERS & MERCHANTS BANK & TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 165,722,000 | 164,483,000 | 167,995,000 | 172,967,000 |
| Total loans | 112,332,000 | 115,846,000 | 114,257,000 | 114,225,000 |
| Allowance for loan losses | 1,163,000 | 1,198,000 | 805,000 | 842,000 |
| Securities available for sale | 42,916,000 | 41,438,000 | 43,250,000 | 42,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,651,000 | 137,214,000 | 140,327,000 | 145,922,000 |
| Interest-bearing deposits | 115,422,000 | 110,944,000 | 113,261,000 | 118,594,000 |
| Noninterest-bearing deposits | 26,229,000 | 26,270,000 | 27,066,000 | 27,328,000 |
| Equity capital | 13,340,000 | 13,498,000 | 14,842,000 | 13,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,859,000 | 3,800,000 | 5,779,000 | 7,864,000 |
| Interest expense | 574,000 | 1,183,000 | 1,818,000 | 2,442,000 |
| Net interest income | 1,285,000 | 2,617,000 | 3,961,000 | 5,422,000 |
| Noninterest income | 201,000 | 302,000 | 403,000 | 513,000 |
| Noninterest expense | 1,201,000 | 2,421,000 | 3,612,000 | 4,972,000 |
| Provision for loan losses | -120,000 | -88,000 | 17,000 | 50,000 |
| Pretax income | 285,000 | 498,000 | 652,000 | 837,000 |
| Income tax | 46,000 | 72,000 | 96,000 | 115,000 |
| Net income | 239,000 | 426,000 | 556,000 | 722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,628,000 | 18,816,000 | 18,945,000 | 18,813,000 |
| Total capital | 19,911,000 | 20,102,000 | 19,834,000 | 19,705,000 |
| Risk-weighted assets | 118,266,000 | 119,035,000 | 117,072,000 | 116,292,000 |