Call reports 2023
FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA — 2023
What FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 5,134,465,000 | 5,251,886,000 | 5,377,981,000 | 5,311,380,000 |
| Total loans | 3,427,132,000 | 3,491,724,000 | 3,557,202,000 | 3,654,689,000 |
| Allowance for loan losses | 68,574,000 | 71,112,000 | 74,159,000 | 74,965,000 |
| Securities available for sale | 118,127,000 | 114,332,000 | 106,183,000 | 182,202,000 |
| Securities held to maturity | 850,387,000 | 838,446,000 | 826,015,000 | 817,688,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,540,525,000 | 4,641,059,000 | 4,753,280,000 | 4,671,033,000 |
| Interest-bearing deposits | 2,987,255,000 | 3,143,034,000 | 3,278,177,000 | 3,185,523,000 |
| Noninterest-bearing deposits | 1,553,270,000 | 1,498,025,000 | 1,475,103,000 | 1,485,510,000 |
| Equity capital | 519,910,000 | 525,250,000 | 540,663,000 | 561,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 59,470,000 | 120,305,000 | 185,832,000 | 253,002,000 |
| Interest expense | 3,571,000 | 11,818,000 | 23,726,000 | 36,951,000 |
| Net interest income | 55,899,000 | 108,487,000 | 162,106,000 | 216,051,000 |
| Noninterest income | 9,154,000 | 14,653,000 | 18,256,000 | 23,245,000 |
| Noninterest expense | 27,635,000 | 53,832,000 | 77,695,000 | 102,135,000 |
| Provision for loan losses | 1,500,000 | 4,000,000 | 7,000,000 | 7,750,000 |
| Pretax income | 30,231,000 | 59,565,000 | 89,924,000 | 119,555,000 |
| Income tax | 6,169,000 | 13,600,000 | 21,376,000 | 29,127,000 |
| Net income | 24,062,000 | 45,965,000 | 68,548,000 | 90,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 521,448,000 | 528,825,000 | 548,020,000 | 557,500,000 |
| Total capital | 574,021,000 | 582,086,000 | 602,164,000 | 613,270,000 |
| Risk-weighted assets | 4,187,374,000 | 4,240,470,000 | 4,309,032,000 | 4,438,257,000 |