Call reports 2023
FARMERS & MERCHANTS BANK OF HUTSONVILLE — 2023
What FARMERS & MERCHANTS BANK OF HUTSONVILLE 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 | 54,239,000 | 53,806,000 | 54,471,000 | 51,934,000 |
| Total loans | 31,738,000 | 32,570,000 | 34,546,000 | 34,478,000 |
| Allowance for loan losses | 96,000 | 96,000 | 96,000 | 100,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,400,000 | 5,400,000 | 5,400,000 | 5,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,422,000 | 44,745,000 | 45,183,000 | 43,122,000 |
| Interest-bearing deposits | 39,392,000 | 38,332,000 | 38,069,000 | 37,111,000 |
| Noninterest-bearing deposits | 6,030,000 | 6,413,000 | 7,114,000 | 6,011,000 |
| Equity capital | 8,778,000 | 9,011,000 | 9,224,000 | 8,771,000 |
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 | 492,000 | 1,014,000 | 1,534,000 | 2,104,000 |
| Interest expense | 106,000 | 230,000 | 371,000 | 538,000 |
| Net interest income | 386,000 | 784,000 | 1,163,000 | 1,566,000 |
| Noninterest income | 22,000 | 44,000 | 67,000 | 94,000 |
| Noninterest expense | 175,000 | 362,000 | 540,000 | 1,076,000 |
| Provision for loan losses | 7,000 | 7,000 | 7,000 | 11,000 |
| Pretax income | 226,000 | 459,000 | 683,000 | 573,000 |
| Income tax | 20,000 | 20,000 | 31,000 | 35,000 |
| Net income | 206,000 | 439,000 | 652,000 | 538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,778,000 | 9,011,000 | 9,224,000 | 8,771,000 |