Call reports 2022
FARMERS & MERCHANTS STATE BANK — 2022
What FARMERS & MERCHANTS STATE 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 | 212,831,000 | 223,857,000 | 219,425,000 | 225,020,000 |
| Total loans | 164,798,000 | 169,424,000 | 169,179,000 | 179,826,000 |
| Allowance for loan losses | 2,398,000 | 2,395,000 | 2,390,000 | 2,390,000 |
| Securities available for sale | 23,764,000 | 39,124,000 | 37,855,000 | 37,593,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,185,000 | 180,161,000 | 175,487,000 | 172,651,000 |
| Interest-bearing deposits | 131,542,000 | 130,602,000 | 127,564,000 | 129,139,000 |
| Noninterest-bearing deposits | 41,643,000 | 49,559,000 | 47,923,000 | 43,512,000 |
| Equity capital | 21,838,000 | 21,877,000 | 21,863,000 | 21,227,000 |
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 | 1,728,000 | 3,510,000 | 5,419,000 | 7,511,000 |
| Interest expense | 174,000 | 356,000 | 590,000 | 1,014,000 |
| Net interest income | 1,554,000 | 3,154,000 | 4,829,000 | 6,497,000 |
| Noninterest income | 348,000 | 718,000 | 1,033,000 | 1,347,000 |
| Noninterest expense | 1,284,000 | 2,506,000 | 3,679,000 | 4,843,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 618,000 | 1,366,000 | 2,183,000 | 3,001,000 |
| Income tax | 166,000 | 366,000 | 586,000 | 802,000 |
| Net income | 452,000 | 1,000,000 | 1,597,000 | 2,199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,662,000 | 23,209,000 | 23,807,000 | 23,008,000 |