Call reports 2023
FARMERS-MERCHANTS BANK & TRUST COMPANY — 2023
What FARMERS-MERCHANTS BANK & TRUST COMPANY 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 | 462,703,000 | 446,684,000 | 447,661,000 | 445,301,000 |
| Total loans | 250,461,000 | 253,991,000 | 254,492,000 | 252,609,000 |
| Allowance for loan losses | 3,600,000 | 3,620,000 | 3,714,000 | 3,712,000 |
| Securities available for sale | 164,941,000 | 157,413,000 | 151,334,000 | 147,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 356,473,000 | 340,334,000 | 339,405,000 | 330,224,000 |
| Interest-bearing deposits | 244,260,000 | 227,554,000 | 228,813,000 | 230,448,000 |
| Noninterest-bearing deposits | 112,213,000 | 112,780,000 | 110,592,000 | 99,776,000 |
| Equity capital | 41,156,000 | 39,798,000 | 41,420,000 | 46,654,000 |
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 | 5,109,000 | 10,275,000 | 15,640,000 | 21,370,000 |
| Interest expense | 495,000 | 1,085,000 | 1,927,000 | 2,914,000 |
| Net interest income | 4,614,000 | 9,190,000 | 13,713,000 | 18,456,000 |
| Noninterest income | 671,000 | 1,384,000 | 7,031,000 | 8,123,000 |
| Noninterest expense | 3,037,000 | 6,606,000 | 9,668,000 | 13,467,000 |
| Provision for loan losses | -45,000 | 15,000 | 125,000 | 135,000 |
| Pretax income | 2,020,000 | 3,690,000 | 10,687,000 | 12,713,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,020,000 | 3,690,000 | 10,687,000 | 12,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,508,000 | 51,003,000 | 55,502,000 | 55,030,000 |
| Total capital | 118,230,000 | 118,745,000 | 123,338,000 | 122,864,000 |
| Risk-weighted assets | 303,555,000 | 314,568,000 | 314,568,000 | 309,264,000 |