Call reports 2002
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2002
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 99,971,000 | 97,863,000 | 100,484,000 | 103,615,000 |
| Total loans | 51,268,000 | 55,535,000 | 57,549,000 | 61,487,000 |
| Allowance for loan losses | 564,000 | 617,000 | 636,000 | 750,000 |
| Securities available for sale | 30,061,000 | 31,095,000 | 28,849,000 | 28,987,000 |
| Securities held to maturity | 519,000 | 457,000 | 462,000 | 391,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,368,000 | 82,371,000 | 80,011,000 | 82,844,000 |
| Interest-bearing deposits | 72,578,000 | 69,134,000 | 66,938,000 | 69,216,000 |
| Noninterest-bearing deposits | 12,789,000 | 13,237,000 | 13,073,000 | 13,628,000 |
| Equity capital | 14,361,000 | 15,114,000 | 15,941,000 | 16,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,656,000 | 3,336,000 | 5,082,000 | 6,798,000 |
| Interest expense | 482,000 | 904,000 | 1,304,000 | 1,688,000 |
| Net interest income | 1,174,000 | 2,432,000 | 3,778,000 | 5,110,000 |
| Noninterest income | 305,000 | 691,000 | 1,073,000 | 1,454,000 |
| Noninterest expense | 801,000 | 1,663,000 | 2,583,000 | 3,560,000 |
| Provision for loan losses | 60,000 | 140,000 | 230,000 | 324,000 |
| Pretax income | 651,000 | 1,353,000 | 2,075,000 | 2,719,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 651,000 | 1,353,000 | 2,075,000 | 2,719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,958,000 | 14,218,000 | 14,684,000 | 15,327,000 |
| Total capital | 14,522,000 | 14,835,000 | 15,320,000 | 16,077,000 |
| Risk-weighted assets | 58,205,000 | 60,321,000 | 61,225,000 | 65,628,000 |