Call reports 2021
FARMERS & MERCHANTS STATE BANK — 2021
What FARMERS & MERCHANTS STATE 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 | 207,543,000 | 203,218,000 | 208,863,000 | 208,121,000 |
| Total loans | 166,587,000 | 169,045,000 | 167,025,000 | 165,415,000 |
| Allowance for loan losses | 2,311,000 | 2,340,000 | 2,371,000 | 2,398,000 |
| Securities available for sale | 15,725,000 | 17,174,000 | 17,597,000 | 17,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,667,000 | 162,279,000 | 167,630,000 | 168,122,000 |
| Interest-bearing deposits | 124,213,000 | 124,123,000 | 126,530,000 | 124,996,000 |
| Noninterest-bearing deposits | 38,454,000 | 38,156,000 | 41,100,000 | 43,126,000 |
| Equity capital | 22,138,000 | 22,695,000 | 23,173,000 | 22,203,000 |
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 | 1,864,000 | 3,619,000 | 5,410,000 | 7,310,000 |
| Interest expense | 273,000 | 517,000 | 730,000 | 915,000 |
| Net interest income | 1,591,000 | 3,102,000 | 4,680,000 | 6,395,000 |
| Noninterest income | 594,000 | 991,000 | 1,385,000 | 1,779,000 |
| Noninterest expense | 1,211,000 | 2,337,000 | 3,511,000 | 4,684,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 944,000 | 1,696,000 | 2,464,000 | 3,370,000 |
| Income tax | 257,000 | 460,000 | 668,000 | 913,000 |
| Net income | 687,000 | 1,236,000 | 1,796,000 | 2,457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,979,000 | 22,529,000 | 23,088,000 | 22,203,000 |