Call reports 2023
FARMERS & MERCHANTS BANK OF COLBY — 2023
What FARMERS & MERCHANTS BANK OF COLBY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 443,693,000 | 468,568,000 | 477,475,000 | 511,717,000 |
| Total loans | 314,195,000 | 324,343,000 | 333,858,000 | 344,447,000 |
| Allowance for loan losses | 3,310,000 | 3,310,000 | 2,860,000 | 2,688,000 |
| Securities available for sale | 82,115,000 | 77,397,000 | 82,315,000 | 89,175,000 |
| Securities held to maturity | 8,925,000 | 8,914,000 | 9,349,000 | 9,455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 334,734,000 | 348,143,000 | 360,912,000 | 390,163,000 |
| Interest-bearing deposits | 288,053,000 | 308,234,000 | 326,532,000 | 347,221,000 |
| Noninterest-bearing deposits | 46,681,000 | 39,909,000 | 34,379,000 | 42,942,000 |
| Equity capital | 53,484,000 | 55,170,000 | 54,840,000 | 55,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,609,000 | 11,506,000 | 18,141,000 | 25,176,000 |
| Interest expense | 1,798,000 | 4,011,000 | 6,889,000 | 10,039,000 |
| Net interest income | 3,811,000 | 7,495,000 | 11,252,000 | 15,137,000 |
| Noninterest income | 177,000 | 386,000 | 705,000 | 932,000 |
| Noninterest expense | 2,151,000 | 3,796,000 | 5,724,000 | 8,660,000 |
| Provision for loan losses | 275,000 | 275,000 | 300,000 | 600,000 |
| Pretax income | 1,562,000 | 3,837,000 | 5,933,000 | 6,809,000 |
| Income tax | 300,000 | 750,000 | 1,175,000 | 1,059,000 |
| Net income | 1,262,000 | 3,087,000 | 4,758,000 | 5,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,429,000 | 52,726,000 | 52,902,000 | 53,201,000 |