Call reports 2022
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2022
What FARMERS AND MERCHANTS STATE BANK OF ALPHA 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 | 40,745,000 | 38,847,000 | 38,317,000 | 48,690,000 |
| Total loans | 25,400,000 | 24,830,000 | 24,769,000 | 25,938,000 |
| Allowance for loan losses | 272,000 | 271,000 | 324,000 | 274,000 |
| Securities available for sale | 2,299,000 | 3,081,000 | 3,000,000 | 3,041,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,974,000 | 34,150,000 | 33,541,000 | 43,813,000 |
| Interest-bearing deposits | 29,864,000 | 27,490,000 | 27,685,000 | 26,540,000 |
| Noninterest-bearing deposits | 6,110,000 | 6,660,000 | 5,856,000 | 17,273,000 |
| Equity capital | 4,643,000 | 4,676,000 | 4,727,000 | 4,818,000 |
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 | 351,000 | 703,000 | 1,124,000 | 1,536,000 |
| Interest expense | 40,000 | 78,000 | 113,000 | 171,000 |
| Net interest income | 311,000 | 625,000 | 1,011,000 | 1,365,000 |
| Noninterest income | 19,000 | 44,000 | 59,000 | 87,000 |
| Noninterest expense | 264,000 | 501,000 | 743,000 | 1,072,000 |
| Provision for loan losses | 0 | 0 | 0 | -50,000 |
| Pretax income | 66,000 | 168,000 | 327,000 | 430,000 |
| Income tax | 18,000 | 47,000 | 92,000 | 128,000 |
| Net income | 48,000 | 121,000 | 235,000 | 302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,711,000 | 4,784,000 | 4,898,000 | 4,965,000 |
| Total capital | 4,983,000 | — | — | — |
| Risk-weighted assets | 25,489,000 | — | — | — |