Call reports 2021
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2021
What FARMERS AND MERCHANTS BANK OF ST. CLAIR 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 | 280,384,000 | 282,102,000 | 287,024,000 | 291,677,000 |
| Total loans | 179,463,000 | 181,329,000 | 182,619,000 | 181,642,000 |
| Allowance for loan losses | 1,786,000 | 1,915,000 | 1,961,000 | 1,989,000 |
| Securities available for sale | 58,535,000 | 67,469,000 | 64,944,000 | 65,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,071,000 | 249,674,000 | 253,818,000 | 258,478,000 |
| Interest-bearing deposits | 192,075,000 | 192,972,000 | 193,455,000 | 196,550,000 |
| Noninterest-bearing deposits | 56,996,000 | 56,702,000 | 60,363,000 | 61,928,000 |
| Equity capital | 30,393,000 | 31,432,000 | 31,948,000 | 32,455,000 |
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 | 2,450,000 | 4,931,000 | 7,344,000 | 9,795,000 |
| Interest expense | 214,000 | 431,000 | 655,000 | 882,000 |
| Net interest income | 2,236,000 | 4,500,000 | 6,689,000 | 8,913,000 |
| Noninterest income | 671,000 | 1,308,000 | 1,957,000 | 2,682,000 |
| Noninterest expense | 1,940,000 | 3,900,000 | 5,893,000 | 7,867,000 |
| Provision for loan losses | 154,000 | 254,000 | 307,000 | 366,000 |
| Pretax income | 813,000 | 1,654,000 | 2,446,000 | 3,362,000 |
| Income tax | 168,000 | 116,000 | 304,000 | 464,000 |
| Net income | 645,000 | 1,538,000 | 2,142,000 | 2,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,770,000 | 30,662,000 | 31,266,000 | 32,022,000 |
| Total capital | 31,556,000 | 32,577,000 | 33,227,000 | 34,011,000 |
| Risk-weighted assets | 195,033,000 | 191,979,000 | 200,102,000 | 200,996,000 |