Call reports 2024
FARMERS-MERCHANTS BANK & TRUST COMPANY — 2024
What FARMERS-MERCHANTS BANK & TRUST COMPANY 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 | 445,976,000 | 446,758,000 | 445,259,000 | 446,667,000 |
| Total loans | 249,198,000 | 255,519,000 | 255,142,000 | 252,356,000 |
| Allowance for loan losses | 3,567,000 | 3,652,000 | 3,666,000 | 3,650,000 |
| Securities available for sale | 140,066,000 | 137,424,000 | 135,723,000 | 135,823,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 331,826,000 | 332,707,000 | 325,781,000 | 330,033,000 |
| Interest-bearing deposits | 227,970,000 | 224,726,000 | 218,992,000 | 227,645,000 |
| Noninterest-bearing deposits | 103,856,000 | 107,981,000 | 106,789,000 | 102,388,000 |
| Equity capital | 47,932,000 | 48,599,000 | 53,664,000 | 51,677,000 |
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 | 5,474,000 | 11,216,000 | 17,077,000 | 23,013,000 |
| Interest expense | 1,088,000 | 2,434,000 | 3,910,000 | 5,390,000 |
| Net interest income | 4,386,000 | 8,782,000 | 13,167,000 | 17,623,000 |
| Noninterest income | 593,000 | 1,295,000 | 2,018,000 | 2,830,000 |
| Noninterest expense | 2,989,000 | 6,152,000 | 9,060,000 | 12,386,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 30,000 |
| Pretax income | 1,981,000 | 3,917,000 | 6,097,000 | 8,029,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,981,000 | 3,917,000 | 6,097,000 | 8,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,011,000 | 57,771,000 | 59,290,000 | 59,459,000 |
| Total capital | 124,700,000 | 125,545,000 | — | — |
| Risk-weighted assets | 307,154,000 | 313,380,000 | — | — |