Call reports 2022
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2022
What FARMERS AND MERCHANTS BANK OF ST. CLAIR 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 | 297,597,000 | 310,383,000 | 321,415,000 | 331,577,000 |
| Total loans | 182,148,000 | 205,999,000 | 212,967,000 | 213,233,000 |
| Allowance for loan losses | 1,904,000 | 1,953,000 | 1,940,000 | 2,179,000 |
| Securities available for sale | 72,511,000 | 73,603,000 | 71,157,000 | 76,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,744,000 | 271,703,000 | 293,837,000 | 302,521,000 |
| Interest-bearing deposits | 206,716,000 | 208,859,000 | 225,660,000 | 239,948,000 |
| Noninterest-bearing deposits | 60,028,000 | 62,844,000 | 68,177,000 | 62,573,000 |
| Equity capital | 30,097,000 | 27,543,000 | 26,416,000 | 28,265,000 |
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 | 2,393,000 | 5,141,000 | 8,108,000 | 11,299,000 |
| Interest expense | 199,000 | 414,000 | 750,000 | 1,398,000 |
| Net interest income | 2,194,000 | 4,727,000 | 7,358,000 | 9,901,000 |
| Noninterest income | 642,000 | 1,151,000 | 1,793,000 | 2,371,000 |
| Noninterest expense | 1,897,000 | 3,895,000 | 5,968,000 | 7,758,000 |
| Provision for loan losses | 56,000 | 104,000 | 177,000 | 503,000 |
| Pretax income | 883,000 | 1,879,000 | 3,006,000 | 4,011,000 |
| Income tax | 164,000 | 373,000 | 624,000 | 839,000 |
| Net income | 719,000 | 1,506,000 | 2,382,000 | 3,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,741,000 | 33,528,000 | 34,404,000 | 35,194,000 |
| Total capital | 34,645,000 | 35,481,000 | 36,344,000 | 37,373,000 |
| Risk-weighted assets | 202,394,000 | 224,073,000 | 233,776,000 | 230,378,000 |