Call reports 2025
FARMERS & MERCHANTS STATE BANK — 2025
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 240,229,000 | 237,383,000 | 239,291,000 | 240,843,000 |
| Total loans | 199,702,000 | 203,675,000 | 205,178,000 | 207,288,000 |
| Allowance for loan losses | 2,334,000 | 2,334,000 | 2,334,000 | 2,371,000 |
| Securities available for sale | 20,211,000 | 19,814,000 | 19,273,000 | 17,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,945,000 | 176,364,000 | 177,640,000 | 179,696,000 |
| Interest-bearing deposits | 144,201,000 | 141,862,000 | 142,863,000 | 141,025,000 |
| Noninterest-bearing deposits | 34,744,000 | 34,502,000 | 34,777,000 | 38,671,000 |
| Equity capital | 24,891,000 | 25,427,000 | 25,997,000 | 25,638,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 2,930,000 | 5,921,000 | 8,954,000 | 12,092,000 |
| Interest expense | 1,273,000 | 2,522,000 | 3,741,000 | 4,924,000 |
| Net interest income | 1,657,000 | 3,399,000 | 5,213,000 | 7,168,000 |
| Noninterest income | 320,000 | 675,000 | 986,000 | 1,376,000 |
| Noninterest expense | 1,567,000 | 3,150,000 | 4,692,000 | 6,031,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 410,000 | 924,000 | 1,507,000 | 2,513,000 |
| Income tax | 76,000 | 181,000 | 303,000 | 512,000 |
| Net income | 334,000 | 743,000 | 1,204,000 | 2,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,811,000 | 26,220,000 | 26,681,000 | 26,239,000 |