Call reports 2021
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2021
What FARMERS AND MERCHANTS STATE BANK OF PIERZ 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 | 286,705,000 | 287,988,000 | 298,565,000 | 312,923,000 |
| Total loans | 177,196,000 | 181,613,000 | 184,041,000 | 187,857,000 |
| Allowance for loan losses | 2,239,000 | 2,300,000 | 2,320,000 | 2,327,000 |
| Securities available for sale | 79,562,000 | 71,140,000 | 80,316,000 | 100,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,593,000 | 262,325,000 | 272,421,000 | 285,534,000 |
| Interest-bearing deposits | 178,820,000 | 180,155,000 | 188,767,000 | 198,017,000 |
| Noninterest-bearing deposits | 82,773,000 | 82,170,000 | 83,654,000 | 87,517,000 |
| Equity capital | 24,645,000 | 25,228,000 | 25,639,000 | 26,709,000 |
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 | 2,570,000 | 5,283,000 | 8,036,000 | 10,911,000 |
| Interest expense | 210,000 | 399,000 | 578,000 | 750,000 |
| Net interest income | 2,360,000 | 4,884,000 | 7,458,000 | 10,161,000 |
| Noninterest income | 1,227,000 | 1,757,000 | 2,013,000 | 2,266,000 |
| Noninterest expense | 1,535,000 | 3,030,000 | 4,657,000 | 6,306,000 |
| Provision for loan losses | 87,000 | 145,000 | 145,000 | 145,000 |
| Pretax income | 1,971,000 | 3,476,000 | 4,679,000 | 5,977,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,971,000 | 3,476,000 | 4,679,000 | 5,977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,456,000 | 24,393,000 | 25,095,000 | 26,406,000 |