Call reports 2022
FARMERS & MERCHANTS UNION BANK — 2022
What FARMERS & MERCHANTS UNION 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 | 431,467,000 | 425,645,000 | 424,306,000 | 449,750,000 |
| Total loans | 283,543,000 | 290,888,000 | 304,733,000 | 307,317,000 |
| Allowance for loan losses | 15,638,000 | 13,895,000 | 13,907,000 | 14,215,000 |
| Securities available for sale | 82,676,000 | 87,199,000 | 86,290,000 | 86,150,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,544,000 | 367,020,000 | 366,757,000 | 390,073,000 |
| Interest-bearing deposits | 294,453,000 | 286,558,000 | 283,999,000 | 298,587,000 |
| Noninterest-bearing deposits | 79,091,000 | 80,462,000 | 82,758,000 | 91,486,000 |
| Equity capital | 53,772,000 | 53,612,000 | 52,104,000 | 54,162,000 |
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 | 3,515,000 | 7,257,000 | 11,278,000 | 15,779,000 |
| Interest expense | 316,000 | 668,000 | 1,058,000 | 1,573,000 |
| Net interest income | 3,199,000 | 6,589,000 | 10,220,000 | 14,206,000 |
| Noninterest income | 320,000 | 595,000 | 944,000 | 1,292,000 |
| Noninterest expense | 1,755,000 | 3,359,000 | 5,024,000 | 7,439,000 |
| Provision for loan losses | -3,000,000 | -4,750,000 | -4,750,000 | -4,750,000 |
| Pretax income | 4,764,000 | 8,575,000 | 10,890,000 | 12,809,000 |
| Income tax | 1,260,000 | 2,251,000 | 2,766,000 | 3,321,000 |
| Net income | 3,504,000 | 6,324,000 | 8,124,000 | 9,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,906,000 | 60,375,000 | 62,176,000 | 63,090,000 |
| Total capital | 61,985,000 | 64,706,000 | 66,589,000 | 67,576,000 |
| Risk-weighted assets | 314,786,000 | 336,910,000 | 343,508,000 | 349,164,000 |