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 | 152,324,000 | 149,486,000 | 151,583,000 | 159,888,000 |
| Total loans | 41,833,000 | 42,686,000 | 45,009,000 | 47,132,000 |
| Allowance for loan losses | 862,000 | 864,000 | 864,000 | 863,000 |
| Securities available for sale | 56,883,000 | 56,441,000 | 55,563,000 | 58,395,000 |
| Securities held to maturity | 0 | 0 | 0 | 3,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,923,000 | 134,267,000 | 136,986,000 | 144,546,000 |
| Interest-bearing deposits | 93,941,000 | 93,555,000 | 94,315,000 | 103,194,000 |
| Noninterest-bearing deposits | 40,982,000 | 40,712,000 | 42,671,000 | 41,352,000 |
| Equity capital | 17,186,000 | 14,987,000 | 14,288,000 | 15,051,000 |
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 | 888,000 | 1,864,000 | 3,062,000 | 4,519,000 |
| Interest expense | 93,000 | 184,000 | 282,000 | 394,000 |
| Net interest income | 795,000 | 1,680,000 | 2,780,000 | 4,125,000 |
| Noninterest income | 161,000 | 331,000 | 676,000 | 856,000 |
| Noninterest expense | 652,000 | 1,351,000 | 2,070,000 | 2,807,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 304,000 | 660,000 | 1,386,000 | 2,174,000 |
| Income tax | 38,000 | 75,000 | 175,000 | 329,000 |
| Net income | 266,000 | 585,000 | 1,211,000 | 1,845,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,250,000 | 19,569,000 | 20,195,000 | 20,284,000 |