Call reports 2021
FARMERS & MERCHANTS BANK — 2021
What FARMERS & MERCHANTS 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 | 1,009,942,000 | 1,104,652,000 | 1,169,797,000 | 1,218,712,000 |
| Total loans | 675,297,000 | 669,980,000 | 659,441,000 | 667,308,000 |
| Allowance for loan losses | 9,704,000 | 8,727,000 | 8,431,000 | 7,748,000 |
| Securities available for sale | 171,702,000 | 188,654,000 | 271,445,000 | 403,882,000 |
| Securities held to maturity | 125,000 | 125,000 | 125,000 | 125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 875,378,000 | 967,086,000 | 1,041,733,000 | 1,091,989,000 |
| Interest-bearing deposits | 747,596,000 | 795,503,000 | 947,790,000 | 883,237,000 |
| Noninterest-bearing deposits | 127,782,000 | 171,583,000 | 93,943,000 | 208,752,000 |
| Equity capital | 97,311,000 | 100,832,000 | 102,338,000 | 101,550,000 |
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 | 8,747,000 | 17,564,000 | 26,620,000 | 35,577,000 |
| Interest expense | 872,000 | 1,761,000 | 2,674,000 | 3,570,000 |
| Net interest income | 7,875,000 | 15,803,000 | 23,946,000 | 32,007,000 |
| Noninterest income | 2,920,000 | 5,466,000 | 7,904,000 | 9,880,000 |
| Noninterest expense | 7,297,000 | 15,355,000 | 23,441,000 | 31,707,000 |
| Provision for loan losses | -725,000 | -1,975,000 | -2,210,000 | -2,821,000 |
| Pretax income | 4,223,000 | 7,889,000 | 10,619,000 | 12,476,000 |
| Income tax | 579,000 | 1,003,000 | 1,306,000 | 1,400,000 |
| Net income | 3,644,000 | 6,886,000 | 9,313,000 | 11,076,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,698,000 | 101,673,000 | 103,240,000 | 103,641,000 |
| Total capital | 107,054,000 | 110,283,000 | 111,672,000 | 111,389,000 |
| Risk-weighted assets | 667,102,000 | 688,691,000 | 714,079,000 | 742,817,000 |