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 | 436,075,000 | 438,670,000 | 458,863,000 | 517,667,000 |
| Total loans | 332,552,000 | 346,004,000 | 365,520,000 | 379,519,000 |
| Allowance for loan losses | 3,930,000 | 4,132,000 | 4,322,000 | 4,593,000 |
| Securities available for sale | 67,991,000 | 67,190,000 | 62,907,000 | 106,135,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,327,000 | 345,183,000 | 359,283,000 | 369,461,000 |
| Interest-bearing deposits | 319,602,000 | 300,593,000 | 312,695,000 | 325,287,000 |
| Noninterest-bearing deposits | 45,725,000 | 44,590,000 | 46,588,000 | 44,174,000 |
| Equity capital | 38,784,000 | 40,650,000 | 41,795,000 | 49,030,000 |
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 | 4,405,000 | 8,931,000 | 13,396,000 | 18,166,000 |
| Interest expense | 707,000 | 1,385,000 | 1,994,000 | 2,577,000 |
| Net interest income | 3,698,000 | 7,546,000 | 11,402,000 | 15,589,000 |
| Noninterest income | 670,000 | 1,230,000 | 1,828,000 | 2,834,000 |
| Noninterest expense | 1,865,000 | 4,161,000 | 6,339,000 | 11,064,000 |
| Provision for loan losses | 277,000 | 552,000 | 747,000 | 1,097,000 |
| Pretax income | 2,226,000 | 4,063,000 | 6,144,000 | 6,262,000 |
| Income tax | 482,000 | 877,000 | 1,356,000 | 1,307,000 |
| Net income | 1,744,000 | 3,186,000 | 4,788,000 | 4,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,253,000 | 39,695,000 | 41,271,000 | 48,437,000 |
| Total capital | 42,183,000 | 43,700,000 | 45,511,000 | 53,030,000 |
| Risk-weighted assets | 323,776,000 | 320,248,000 | 339,150,000 | 373,491,000 |