Call reports 2023
FARMERS AND MINERS BANK — 2023
What FARMERS AND MINERS BANK 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 | 179,802,000 | 176,288,000 | 177,090,000 | 175,979,000 |
| Total loans | 82,556,000 | 85,002,000 | 83,514,000 | 85,242,000 |
| Allowance for loan losses | 1,430,000 | 1,444,000 | 1,457,000 | 1,472,000 |
| Securities available for sale | 29,295,000 | 28,257,000 | 26,017,000 | 26,300,000 |
| Securities held to maturity | 20,827,000 | 15,223,000 | 10,988,000 | 10,386,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,907,000 | 155,332,000 | 155,297,000 | 154,021,000 |
| Interest-bearing deposits | 94,929,000 | 93,973,000 | 93,815,000 | 95,609,000 |
| Noninterest-bearing deposits | 63,978,000 | 61,359,000 | 61,482,000 | 58,412,000 |
| Equity capital | 20,115,000 | 20,335,000 | 20,820,000 | 21,212,000 |
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 | 1,948,000 | 4,086,000 | 6,359,000 | 8,751,000 |
| Interest expense | 131,000 | 350,000 | 630,000 | 971,000 |
| Net interest income | 1,817,000 | 3,736,000 | 5,729,000 | 7,780,000 |
| Noninterest income | 253,000 | 501,000 | 741,000 | 971,000 |
| Noninterest expense | 1,296,000 | 2,717,000 | 4,231,000 | 5,813,000 |
| Provision for loan losses | 30,000 | 59,000 | 90,000 | 120,000 |
| Pretax income | 737,000 | 1,449,000 | 2,143,000 | 2,816,000 |
| Income tax | 141,000 | 296,000 | 452,000 | 553,000 |
| Net income | 596,000 | 1,153,000 | 1,691,000 | 2,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,244,000 | 21,651,000 | 22,039,000 | 22,061,000 |