Call reports 2023
FARMERS AND MERCHANTS BANK — 2023
What FARMERS AND MERCHANTS BANK 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 | 24,994,000 | 23,822,000 | 23,344,000 | 23,054,000 |
| Total loans | 12,971,000 | 14,060,000 | 14,371,000 | 14,967,000 |
| Allowance for loan losses | 108,000 | 98,000 | 98,000 | 98,000 |
| Securities available for sale | 3,714,000 | 3,682,000 | 3,217,000 | 2,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,185,000 | 21,896,000 | 21,403,000 | 21,100,000 |
| Interest-bearing deposits | 14,174,000 | 8,340,000 | 12,527,000 | 11,932,000 |
| Noninterest-bearing deposits | 9,011,000 | 13,556,000 | 8,876,000 | 9,168,000 |
| Equity capital | 1,795,000 | 1,906,000 | 1,923,000 | 1,936,000 |
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 | 348,000 | 728,000 | 1,122,000 | 1,539,000 |
| Interest expense | 6,000 | 15,000 | 26,000 | 38,000 |
| Net interest income | 342,000 | 713,000 | 1,096,000 | 1,501,000 |
| Noninterest income | 36,000 | 68,000 | 112,000 | 150,000 |
| Noninterest expense | 166,000 | 350,000 | 581,000 | 851,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 212,000 | 431,000 | 627,000 | 800,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 212,000 | 431,000 | 627,000 | 800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,804,000 | 1,911,000 | 1,930,000 | 1,938,000 |
| Total capital | 1,912,000 | 2,009,000 | 2,028,000 | 2,036,000 |
| Risk-weighted assets | 14,742,000 | 15,388,000 | 15,959,000 | 16,435,000 |