Call reports 2024
FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE — 2024
What FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 120,745,000 | 115,759,000 | 118,555,000 | 125,570,000 |
| Total loans | 44,370,000 | 45,214,000 | 46,919,000 | 48,603,000 |
| Allowance for loan losses | 979,000 | 954,000 | 952,000 | 953,000 |
| Securities available for sale | 61,196,000 | 60,698,000 | 60,165,000 | 56,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,498,000 | 107,084,000 | 103,476,000 | 113,219,000 |
| Interest-bearing deposits | 83,413,000 | 78,229,000 | 74,880,000 | 82,825,000 |
| Noninterest-bearing deposits | 30,085,000 | 28,855,000 | 28,596,000 | 30,394,000 |
| Equity capital | 2,982,000 | 3,483,000 | 5,823,000 | 3,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,222,000 | 2,401,000 | 3,612,000 | 4,892,000 |
| Interest expense | 347,000 | 717,000 | 1,160,000 | 1,604,000 |
| Net interest income | 875,000 | 1,684,000 | 2,452,000 | 3,288,000 |
| Noninterest income | 173,000 | 323,000 | 475,000 | 639,000 |
| Noninterest expense | 642,000 | 1,304,000 | 1,950,000 | 2,667,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 406,000 | 703,000 | 977,000 | 1,236,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 406,000 | 703,000 | 977,000 | 1,236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,843,000 | 14,894,000 | 14,969,000 | 14,805,000 |