Call reports 2022
FARMERS AND MERCHANTS BANK OF ASHLAND — 2022
What FARMERS AND MERCHANTS BANK OF ASHLAND 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 | 118,498,000 | 114,972,000 | 111,253,000 | 114,696,000 |
| Total loans | 78,575,000 | 82,272,000 | 90,383,000 | 92,651,000 |
| Allowance for loan losses | 807,000 | 839,000 | 899,000 | 939,000 |
| Securities available for sale | 7,471,000 | 7,866,000 | 8,481,000 | 9,542,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,967,000 | 103,463,000 | 99,321,000 | 96,152,000 |
| Interest-bearing deposits | 69,502,000 | 71,681,000 | 71,467,000 | 69,641,000 |
| Noninterest-bearing deposits | 32,465,000 | 31,781,000 | 27,854,000 | 26,512,000 |
| Equity capital | 9,514,000 | 9,434,000 | 9,252,000 | 9,619,000 |
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 | 940,000 | 1,896,000 | 2,992,000 | 4,150,000 |
| Interest expense | 35,000 | 71,000 | 107,000 | 175,000 |
| Net interest income | 905,000 | 1,825,000 | 2,885,000 | 3,975,000 |
| Noninterest income | 113,000 | 194,000 | 263,000 | 333,000 |
| Noninterest expense | 818,000 | 1,533,000 | 2,339,000 | 3,257,000 |
| Provision for loan losses | 30,000 | 60,000 | 120,000 | 160,000 |
| Pretax income | 170,000 | 422,000 | 686,000 | 890,000 |
| Income tax | 24,000 | 77,000 | 150,000 | 175,000 |
| Net income | 146,000 | 345,000 | 536,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,802,000 | 10,001,000 | 10,048,000 | 10,227,000 |
| Total capital | 10,609,000 | 10,840,000 | 10,947,000 | 11,166,000 |
| Risk-weighted assets | 64,560,000 | 67,097,000 | 71,861,000 | 75,118,000 |