Call reports 2024
FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA — 2024
What FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 5,715,300,000 | 5,270,233,000 | 5,420,748,000 | 5,376,767,000 |
| Total loans | 3,696,294,000 | 3,682,370,000 | 3,704,109,000 | 3,678,388,000 |
| Allowance for loan losses | 75,018,000 | 74,432,000 | 75,816,000 | 75,283,000 |
| Securities available for sale | 239,546,000 | 251,103,000 | 401,211,000 | 464,069,000 |
| Securities held to maturity | 806,971,000 | 794,797,000 | 780,510,000 | 769,443,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,962,013,000 | 4,600,442,000 | 4,712,269,000 | 4,706,468,000 |
| Interest-bearing deposits | 3,549,102,000 | 3,219,541,000 | 3,242,818,000 | 3,180,873,000 |
| Noninterest-bearing deposits | 1,412,911,000 | 1,380,901,000 | 1,469,451,000 | 1,525,595,000 |
| Equity capital | 575,327,000 | 586,732,000 | 613,568,000 | 584,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 66,473,000 | 136,149,000 | 204,639,000 | 271,334,000 |
| Interest expense | 14,570,000 | 33,262,000 | 49,548,000 | 63,881,000 |
| Net interest income | 51,903,000 | 102,887,000 | 155,091,000 | 207,453,000 |
| Noninterest income | 5,030,000 | 9,814,000 | 15,362,000 | 19,978,000 |
| Noninterest expense | 24,951,000 | 49,876,000 | 77,039,000 | 102,217,000 |
| Provision for loan losses | 0 | -600,000 | 1,000,000 | 1,000,000 |
| Pretax income | 31,982,000 | 62,825,000 | 94,157,000 | 125,957,000 |
| Income tax | 8,755,000 | 17,307,000 | 25,945,000 | 34,866,000 |
| Net income | 23,227,000 | 45,518,000 | 68,212,000 | 91,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 575,346,000 | 588,783,000 | 610,086,000 | 591,071,000 |
| Total capital | 631,158,000 | 644,289,000 | 665,971,000 | 646,919,000 |
| Risk-weighted assets | 4,441,595,000 | 4,416,846,000 | 4,447,714,000 | 4,445,299,000 |