Call reports 2021
FARMERS & MERCHANTS BANK, THE — 2021
What FARMERS & MERCHANTS BANK, THE 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 | 1,657,417,000 | 1,652,187,000 | 1,682,151,000 | 1,737,079,000 |
| Total loans | 991,361,000 | 1,044,341,000 | 1,106,318,000 | 1,013,743,000 |
| Allowance for loan losses | 11,220,000 | 11,587,000 | 12,062,000 | 12,484,000 |
| Securities available for sale | 366,603,000 | 364,450,000 | 332,856,000 | 364,093,000 |
| Securities held to maturity | 1,007,000 | 1,007,000 | 993,000 | 959,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,408,822,000 | 1,415,260,000 | 1,441,283,000 | 1,497,951,000 |
| Interest-bearing deposits | 1,114,771,000 | 1,111,343,000 | 1,101,571,000 | 1,139,330,000 |
| Noninterest-bearing deposits | 294,051,000 | 303,917,000 | 339,712,000 | 358,621,000 |
| Equity capital | 206,705,000 | 207,346,000 | 207,973,000 | 210,192,000 |
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 | 13,426,000 | 26,715,000 | 41,064,000 | 54,604,000 |
| Interest expense | 1,178,000 | 2,151,000 | 3,027,000 | 3,865,000 |
| Net interest income | 12,248,000 | 24,564,000 | 38,037,000 | 50,739,000 |
| Noninterest income | 3,764,000 | 6,608,000 | 9,545,000 | 12,622,000 |
| Noninterest expense | 10,657,000 | 20,745,000 | 31,522,000 | 43,389,000 |
| Provision for loan losses | 675,000 | 1,300,000 | 1,825,000 | 2,350,000 |
| Pretax income | 4,687,000 | 9,138,000 | 14,252,000 | 17,645,000 |
| Income tax | 1,604,000 | 2,522,000 | 3,620,000 | 4,209,000 |
| Net income | 3,083,000 | 6,616,000 | 10,632,000 | 13,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,603,000 | 155,421,000 | 156,721,000 | 159,809,000 |