Call reports 2022
FARMERS AND MINERS BANK — 2022
What FARMERS AND MINERS BANK 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 | 169,697,000 | 174,525,000 | 180,880,000 | 175,199,000 |
| Total loans | 76,830,000 | 74,569,000 | 80,016,000 | 78,854,000 |
| Allowance for loan losses | 1,421,000 | 1,413,000 | 1,425,000 | 1,419,000 |
| Securities available for sale | 19,868,000 | 27,687,000 | 29,422,000 | 28,877,000 |
| Securities held to maturity | 20,565,000 | 22,800,000 | 25,324,000 | 22,581,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,404,000 | 154,572,000 | 161,063,000 | 155,386,000 |
| Interest-bearing deposits | 88,490,000 | 92,496,000 | 93,561,000 | 92,037,000 |
| Noninterest-bearing deposits | 60,914,000 | 62,076,000 | 67,502,000 | 63,349,000 |
| Equity capital | 19,685,000 | 19,486,000 | 19,185,000 | 19,388,000 |
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 | 1,487,000 | 2,935,000 | 4,576,000 | 6,390,000 |
| Interest expense | 29,000 | 59,000 | 94,000 | 160,000 |
| Net interest income | 1,458,000 | 2,876,000 | 4,482,000 | 6,230,000 |
| Noninterest income | 276,000 | 537,000 | 794,000 | 1,034,000 |
| Noninterest expense | 1,352,000 | 2,674,000 | 4,016,000 | 5,346,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 371,000 | 711,000 | 1,216,000 | 1,869,000 |
| Income tax | 62,000 | 116,000 | 195,000 | 366,000 |
| Net income | 309,000 | 595,000 | 1,021,000 | 1,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,354,000 | 20,489,000 | 20,766,000 | 20,798,000 |