Call reports 2023
FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE — 2023
What FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE 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 | 86,846,000 | 88,027,000 | 84,021,000 | 87,381,000 |
| Total loans | 38,343,000 | 40,489,000 | 43,123,000 | 46,755,000 |
| Allowance for loan losses | 500,000 | 495,000 | 505,000 | 606,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 31,203,000 | 31,524,000 | 31,784,000 | 31,297,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,831,000 | 73,685,000 | 69,366,000 | 72,633,000 |
| Interest-bearing deposits | 54,308,000 | 55,082,000 | 50,238,000 | 53,332,000 |
| Noninterest-bearing deposits | 18,523,000 | 18,603,000 | 19,128,000 | 19,301,000 |
| Equity capital | 13,840,000 | 14,152,000 | 14,433,000 | 14,513,000 |
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 | 790,000 | 1,625,000 | 2,487,000 | 3,348,000 |
| Interest expense | 52,000 | 129,000 | 245,000 | 401,000 |
| Net interest income | 738,000 | 1,496,000 | 2,242,000 | 2,947,000 |
| Noninterest income | 39,000 | 90,000 | 138,000 | 199,000 |
| Noninterest expense | 407,000 | 844,000 | 1,287,000 | 1,749,000 |
| Provision for loan losses | 5,000 | 5,000 | 16,000 | 145,000 |
| Pretax income | 365,000 | 737,000 | 1,077,000 | 1,239,000 |
| Income tax | 59,000 | 119,000 | 178,000 | 260,000 |
| Net income | 306,000 | 618,000 | 899,000 | 979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,840,000 | 14,152,000 | 14,433,000 | 14,513,000 |