Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS BANK 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 | 62,591,000 | 62,272,000 | 62,793,000 | 65,812,000 |
| Total loans | 20,047,000 | 21,538,000 | 21,904,000 | 21,713,000 |
| Allowance for loan losses | 502,000 | 503,000 | 480,000 | 476,000 |
| Securities available for sale | 24,499,000 | 22,968,000 | 22,603,000 | 23,720,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,173,000 | 55,352,000 | 55,949,000 | 58,768,000 |
| Interest-bearing deposits | 40,531,000 | 40,844,000 | 41,574,000 | 42,187,000 |
| Noninterest-bearing deposits | 14,642,000 | 14,508,000 | 14,375,000 | 16,581,000 |
| Equity capital | 7,343,000 | 6,822,000 | 6,725,000 | 6,946,000 |
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 | 311,000 | 664,000 | 1,102,000 | 1,650,000 |
| Interest expense | 27,000 | 56,000 | 103,000 | 195,000 |
| Net interest income | 284,000 | 608,000 | 999,000 | 1,455,000 |
| Noninterest income | 45,000 | 91,000 | 141,000 | 186,000 |
| Noninterest expense | 237,000 | 473,000 | 724,000 | 995,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 45,000 |
| Pretax income | 92,000 | 222,000 | 397,000 | 596,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 92,000 | 222,000 | 397,000 | 596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,113,000 | 8,198,000 | 8,313,000 | 8,422,000 |