Call reports 2023
FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE — 2023
What FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE 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 | 119,436,000 | 118,076,000 | 115,107,000 | 122,426,000 |
| Total loans | 42,520,000 | 42,102,000 | 43,632,000 | 43,314,000 |
| Allowance for loan losses | 976,000 | 960,000 | 961,000 | 979,000 |
| Securities available for sale | 66,275,000 | 65,206,000 | 62,082,000 | 62,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,014,000 | 110,466,000 | 109,230,000 | 114,756,000 |
| Interest-bearing deposits | 82,349,000 | 81,706,000 | 79,432,000 | 83,949,000 |
| Noninterest-bearing deposits | 30,665,000 | 28,760,000 | 29,798,000 | 30,807,000 |
| Equity capital | 4,114,000 | 3,499,000 | 1,602,000 | 3,391,000 |
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 | 1,050,000 | 2,131,000 | 3,262,000 | 4,424,000 |
| Interest expense | 183,000 | 442,000 | 767,000 | 1,106,000 |
| Net interest income | 867,000 | 1,689,000 | 2,495,000 | 3,318,000 |
| Noninterest income | 222,000 | 397,000 | 559,000 | 721,000 |
| Noninterest expense | 642,000 | 1,251,000 | 1,867,000 | 2,558,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 431,000 | 819,000 | 1,171,000 | 1,465,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 431,000 | 819,000 | 1,171,000 | 1,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,445,000 | 14,654,000 | 14,724,000 | 14,437,000 |