Call reports 2005
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2005
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 121,965,000 | 123,822,000 | 124,108,000 | 119,815,000 |
| Total loans | 68,359,000 | 70,452,000 | 72,843,000 | 73,789,000 |
| Allowance for loan losses | 867,000 | 888,000 | 914,000 | 965,000 |
| Securities available for sale | 37,986,000 | 35,634,000 | 33,224,000 | 33,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,681,000 | 107,073,000 | 106,315,000 | 101,530,000 |
| Interest-bearing deposits | 84,268,000 | 84,188,000 | 81,491,000 | 78,421,000 |
| Noninterest-bearing deposits | 22,413,000 | 22,885,000 | 24,824,000 | 23,109,000 |
| Equity capital | 11,006,000 | 12,317,000 | 13,161,000 | 13,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,713,000 | 3,590,000 | 5,551,000 | 7,583,000 |
| Interest expense | 319,000 | 685,000 | 1,101,000 | 1,555,000 |
| Net interest income | 1,394,000 | 2,905,000 | 4,450,000 | 6,028,000 |
| Noninterest income | 505,000 | 1,034,000 | 1,572,000 | 2,102,000 |
| Noninterest expense | 1,024,000 | 2,094,000 | 3,123,000 | 4,190,000 |
| Provision for loan losses | 0 | 20,000 | 40,000 | 100,000 |
| Pretax income | 877,000 | 1,848,000 | 2,883,000 | 3,844,000 |
| Income tax | 3,000 | 3,000 | 6,000 | 7,000 |
| Net income | 874,000 | 1,845,000 | 2,877,000 | 3,837,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,330,000 | 12,301,000 | 13,333,000 | 14,293,000 |
| Total capital | 12,197,000 | 13,189,000 | 14,247,000 | 15,258,000 |
| Risk-weighted assets | 77,712,000 | 80,367,000 | 78,043,000 | 81,795,000 |