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 | 20,822,000 | 21,027,000 | 21,282,000 | 25,493,000 |
| Total loans | 11,933,000 | 11,752,000 | 11,659,000 | 12,168,000 |
| Allowance for loan losses | 84,000 | 84,000 | 84,000 | 84,000 |
| Securities available for sale | 1,919,000 | 2,908,000 | 2,901,000 | 2,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,238,000 | 19,452,000 | 19,702,000 | 23,900,000 |
| Interest-bearing deposits | 13,377,000 | 13,526,000 | 13,509,000 | 13,848,000 |
| Noninterest-bearing deposits | 5,861,000 | 5,926,000 | 6,193,000 | 10,052,000 |
| Equity capital | 1,582,000 | 1,574,000 | 1,570,000 | 1,579,000 |
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 | 206,000 | 413,000 | 625,000 | 837,000 |
| Interest expense | 5,000 | 9,000 | 13,000 | 17,000 |
| Net interest income | 201,000 | 404,000 | 612,000 | 820,000 |
| Noninterest income | 31,000 | 60,000 | 95,000 | 132,000 |
| Noninterest expense | 152,000 | 309,000 | 476,000 | 641,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 80,000 | 155,000 | 231,000 | 311,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 80,000 | 155,000 | 231,000 | 311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,575,000 | 1,570,000 | 1,570,000 | 1,581,000 |
| Total capital | 1,659,000 | 1,654,000 | 1,654,000 | 1,665,000 |
| Risk-weighted assets | 13,606,000 | 13,423,000 | 13,229,000 | 14,589,000 |