Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND MERCHANTS BANK 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 | 136,772,000 | 134,104,000 | 130,399,000 | 134,558,000 |
| Total loans | 103,387,000 | 105,114,000 | 105,172,000 | 104,580,000 |
| Allowance for loan losses | 1,086,000 | 1,119,000 | 1,151,000 | 1,186,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,010,000 | 112,427,000 | 108,381,000 | 110,514,000 |
| Interest-bearing deposits | 103,612,000 | 102,576,000 | 99,448,000 | 100,079,000 |
| Noninterest-bearing deposits | 11,398,000 | 9,851,000 | 8,933,000 | 10,435,000 |
| Equity capital | 16,171,000 | 15,982,000 | 16,288,000 | 16,568,000 |
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 | 1,929,000 | 3,445,000 | 4,768,000 | 6,082,000 |
| Interest expense | 420,000 | 804,000 | 1,172,000 | 1,533,000 |
| Net interest income | 1,509,000 | 2,641,000 | 3,596,000 | 4,549,000 |
| Noninterest income | 21,000 | 38,000 | 53,000 | 56,000 |
| Noninterest expense | 606,000 | 1,246,000 | 1,876,000 | 2,527,000 |
| Provision for loan losses | 82,000 | 115,000 | 148,000 | 183,000 |
| Pretax income | 852,000 | 1,329,000 | 1,638,000 | 1,914,000 |
| Income tax | 2,000 | 4,000 | 7,000 | 3,000 |
| Net income | 850,000 | 1,325,000 | 1,631,000 | 1,911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,951,000 | 14,826,000 | 15,193,000 | 15,537,000 |
| Total capital | 16,037,000 | 15,945,000 | 16,344,000 | 16,723,000 |
| Risk-weighted assets | 99,680,000 | 101,119,000 | 103,633,000 | 104,029,000 |