Call reports 2022
FARMERS AND MERCHANTS BANK — 2022
What FARMERS AND MERCHANTS BANK 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 | 26,891,000 | 24,881,000 | 23,930,000 | 24,223,000 |
| Total loans | 12,037,000 | 12,751,000 | 12,795,000 | 13,057,000 |
| Allowance for loan losses | 84,000 | 84,000 | 84,000 | 94,000 |
| Securities available for sale | 2,246,000 | 3,205,000 | 3,648,000 | 3,678,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,300,000 | 23,266,000 | 22,231,000 | 22,452,000 |
| Interest-bearing deposits | 14,832,000 | 15,311,000 | 14,515,000 | 14,476,000 |
| Noninterest-bearing deposits | 10,468,000 | 7,955,000 | 7,716,000 | 7,976,000 |
| Equity capital | 1,578,000 | 1,604,000 | 1,686,000 | 1,757,000 |
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 | 210,000 | 442,000 | 712,000 | 1,054,000 |
| Interest expense | 5,000 | 8,000 | 12,000 | 17,000 |
| Net interest income | 205,000 | 434,000 | 700,000 | 1,037,000 |
| Noninterest income | 34,000 | 69,000 | 138,000 | 233,000 |
| Noninterest expense | 167,000 | 331,000 | 513,000 | 743,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 72,000 | 172,000 | 325,000 | 517,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 72,000 | 172,000 | 325,000 | 517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,583,000 | 1,620,000 | 1,714,000 | 1,782,000 |
| Total capital | 1,667,000 | 1,704,000 | 1,798,000 | 1,876,000 |
| Risk-weighted assets | 14,643,000 | 14,676,000 | 14,432,000 | 14,783,000 |