Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS 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 | 134,049,000 | 129,998,000 | 135,018,000 | 144,775,000 |
| Total loans | 102,974,000 | 105,365,000 | 113,294,000 | 119,521,000 |
| Allowance for loan losses | 1,191,000 | 1,191,000 | 1,191,000 | 1,191,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,701,000 | 105,149,000 | 109,562,000 | 113,008,000 |
| Interest-bearing deposits | 98,352,000 | 94,949,000 | 94,847,000 | 96,717,000 |
| Noninterest-bearing deposits | 11,349,000 | 10,200,000 | 14,715,000 | 16,291,000 |
| Equity capital | 16,869,000 | 17,271,000 | 17,825,000 | 18,646,000 |
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 | 1,231,000 | 2,600,000 | 4,187,000 | 6,044,000 |
| Interest expense | 332,000 | 667,000 | 1,046,000 | 1,503,000 |
| Net interest income | 899,000 | 1,933,000 | 3,141,000 | 4,541,000 |
| Noninterest income | 14,000 | 34,000 | 49,000 | 73,000 |
| Noninterest expense | 609,000 | 1,260,000 | 1,929,000 | 2,537,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 301,000 | 695,000 | 1,250,000 | 2,070,000 |
| Income tax | 0 | 1,000 | 3,000 | 2,000 |
| Net income | 301,000 | 694,000 | 1,247,000 | 2,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,894,000 | 16,355,000 | 16,969,000 | 17,845,000 |
| Total capital | 17,085,000 | 17,546,000 | 18,160,000 | 19,036,000 |
| Risk-weighted assets | 101,291,000 | 101,360,000 | 108,449,000 | 115,488,000 |