Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND MERCHANTS BANK 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 | 58,864,000 | 60,514,000 | 60,774,000 | 61,058,000 |
| Total loans | 21,228,000 | 19,960,000 | 19,463,000 | 19,613,000 |
| Allowance for loan losses | 506,000 | 503,000 | 503,000 | 501,000 |
| Securities available for sale | 24,729,000 | 24,909,000 | 25,280,000 | 25,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,500,000 | 52,149,000 | 52,458,000 | 52,959,000 |
| Interest-bearing deposits | 38,208,000 | 39,418,000 | 38,962,000 | 39,234,000 |
| Noninterest-bearing deposits | 12,292,000 | 12,731,000 | 13,496,000 | 13,725,000 |
| Equity capital | 8,053,000 | 8,111,000 | 8,190,000 | 8,021,000 |
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 | 351,000 | 865,000 | 1,288,000 | 1,608,000 |
| Interest expense | 34,000 | 64,000 | 92,000 | 120,000 |
| Net interest income | 317,000 | 801,000 | 1,196,000 | 1,488,000 |
| Noninterest income | 42,000 | 84,000 | 129,000 | 171,000 |
| Noninterest expense | 237,000 | 546,000 | 801,000 | 1,047,000 |
| Provision for loan losses | 15,000 | 25,000 | 38,000 | 50,000 |
| Pretax income | 107,000 | 314,000 | 486,000 | 564,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 107,000 | 314,000 | 486,000 | 564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,854,000 | 7,971,000 | 8,033,000 | 8,056,000 |