Call reports 2022
FARMERS AND MERCHANTS BANK, THE — 2022
What FARMERS AND MERCHANTS BANK, THE 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 | 118,567,000 | 119,640,000 | 121,309,000 | 122,193,000 |
| Total loans | 73,070,000 | 72,623,000 | 72,653,000 | 74,303,000 |
| Allowance for loan losses | 1,488,000 | 1,359,000 | 1,310,000 | 1,119,000 |
| Securities available for sale | 31,678,000 | 30,646,000 | 30,598,000 | 30,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,033,000 | 103,847,000 | 105,589,000 | 106,527,000 |
| Interest-bearing deposits | 72,789,000 | 73,738,000 | 72,993,000 | 73,865,000 |
| Noninterest-bearing deposits | 29,244,000 | 30,109,000 | 32,596,000 | 32,662,000 |
| Equity capital | 16,356,000 | 15,635,000 | 15,529,000 | 15,477,000 |
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 | 1,212,000 | 2,429,000 | 3,684,000 | 5,037,000 |
| Interest expense | 31,000 | 62,000 | 90,000 | 118,000 |
| Net interest income | 1,181,000 | 2,367,000 | 3,594,000 | 4,919,000 |
| Noninterest income | 67,000 | 138,000 | 210,000 | 281,000 |
| Noninterest expense | 726,000 | 1,534,000 | 2,267,000 | 3,013,000 |
| Provision for loan losses | 98,000 | 195,000 | 293,000 | 390,000 |
| Pretax income | 424,000 | 776,000 | 1,244,000 | 1,797,000 |
| Income tax | 81,000 | 146,000 | 236,000 | 344,000 |
| Net income | 343,000 | 630,000 | 1,008,000 | 1,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,548,000 | 17,560,000 | 17,938,000 | 17,927,000 |