Call reports 2003
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2003
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 112,264,000 | 119,339,000 | 116,909,000 | 120,627,000 |
| Total loans | 61,929,000 | 62,199,000 | 63,117,000 | 65,564,000 |
| Allowance for loan losses | 770,000 | 807,000 | 741,000 | 799,000 |
| Securities available for sale | 29,304,000 | 32,480,000 | 38,781,000 | 40,435,000 |
| Securities held to maturity | 378,000 | 312,000 | 121,000 | 111,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,990,000 | 98,651,000 | 95,926,000 | 99,472,000 |
| Interest-bearing deposits | 76,571,000 | 83,806,000 | 81,712,000 | 86,332,000 |
| Noninterest-bearing deposits | 15,419,000 | 14,845,000 | 14,214,000 | 13,140,000 |
| Equity capital | 16,097,000 | 16,384,000 | 16,530,000 | 16,974,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,679,000 | 3,373,000 | 5,028,000 | 6,637,000 |
| Interest expense | 351,000 | 692,000 | 1,004,000 | 1,311,000 |
| Net interest income | 1,328,000 | 2,681,000 | 4,024,000 | 5,326,000 |
| Noninterest income | 412,000 | 827,000 | 1,289,000 | 1,764,000 |
| Noninterest expense | 901,000 | 1,821,000 | 2,740,000 | 3,814,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 240,000 |
| Pretax income | 911,000 | 1,705,000 | 2,680,000 | 3,193,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 911,000 | 1,705,000 | 2,680,000 | 3,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,034,000 | 15,212,000 | 15,847,000 | 16,360,000 |
| Total capital | 15,804,000 | 16,019,000 | 16,588,000 | 17,159,000 |
| Risk-weighted assets | 67,439,000 | 70,704,000 | 72,611,000 | 75,496,000 |