Call reports 2021
FARMERS AND MERCHANTS BANK — 2021
What FARMERS AND 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 | 9,218,000 | 10,452,000 | 9,634,000 | 9,341,000 |
| Total loans | 1,397,000 | 1,582,000 | 1,607,000 | 1,554,000 |
| Allowance for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Securities available for sale | 5,184,000 | 5,992,000 | 6,079,000 | 6,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 109,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,302,000 | 9,518,000 | 8,719,000 | 8,465,000 |
| Interest-bearing deposits | 2,613,000 | 2,795,000 | 3,014,000 | 2,735,000 |
| Noninterest-bearing deposits | 5,689,000 | 6,723,000 | 5,705,000 | 5,730,000 |
| Equity capital | 886,000 | 899,000 | 883,000 | 850,000 |
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 | 75,000 | 135,000 | 190,000 | 242,000 |
| Interest expense | 1,000 | 2,000 | 3,000 | 5,000 |
| Net interest income | 74,000 | 133,000 | 187,000 | 237,000 |
| Noninterest income | 6,000 | 11,000 | 16,000 | 24,000 |
| Noninterest expense | 73,000 | 142,000 | 207,000 | 277,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 7,000 | 2,000 | -4,000 | -16,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,000 | 2,000 | -4,000 | -16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 747,000 | 738,000 | 735,000 | 728,000 |
| Total capital | 780,000 | 773,000 | 770,000 | 764,000 |
| Risk-weighted assets | 2,648,000 | 2,859,000 | 2,838,000 | 2,873,000 |