Call reports 2022
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2022
What FARMERS AND MERCHANTS STATE BANK OF PIERZ 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 | 301,358,000 | 307,571,000 | 311,207,000 | 314,380,000 |
| Total loans | 190,486,000 | 197,287,000 | 196,834,000 | 203,335,000 |
| Allowance for loan losses | 2,425,000 | 2,457,000 | 2,459,000 | 2,460,000 |
| Securities available for sale | 85,526,000 | 72,282,000 | 86,760,000 | 86,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,600,000 | 292,468,000 | 302,525,000 | 297,068,000 |
| Interest-bearing deposits | 198,138,000 | 201,405,000 | 205,549,000 | 198,921,000 |
| Noninterest-bearing deposits | 87,462,000 | 91,063,000 | 96,976,000 | 98,147,000 |
| Equity capital | 15,148,000 | 11,436,000 | 8,055,000 | 13,609,000 |
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 | 2,754,000 | 5,670,000 | 8,803,000 | 12,035,000 |
| Interest expense | 159,000 | 333,000 | 554,000 | 888,000 |
| Net interest income | 2,595,000 | 5,337,000 | 8,249,000 | 11,147,000 |
| Noninterest income | 236,000 | 605,000 | 1,008,000 | 1,310,000 |
| Noninterest expense | 1,699,000 | 3,451,000 | 5,097,000 | 7,023,000 |
| Provision for loan losses | 96,000 | 128,000 | 128,000 | 128,000 |
| Pretax income | 1,035,000 | 2,101,000 | 3,600,000 | 4,454,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,035,000 | 2,101,000 | 3,600,000 | 4,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,965,000 | 25,784,000 | 27,094,000 | 27,833,000 |
| Total capital | — | 28,241,000 | 29,553,000 | 30,293,000 |
| Risk-weighted assets | — | 247,344,000 | 250,773,000 | 244,558,000 |