Call reports 2006
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2006
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 125,817,000 | 136,120,000 | 134,879,000 | 136,176,000 |
| Total loans | 79,030,000 | 85,362,000 | 88,872,000 | 89,841,000 |
| Allowance for loan losses | 972,000 | 1,015,000 | 1,020,000 | 1,085,000 |
| Securities available for sale | 32,915,000 | 32,954,000 | 31,841,000 | 30,629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,008,000 | 117,843,000 | 114,935,000 | 115,592,000 |
| Interest-bearing deposits | 83,441,000 | 94,708,000 | 93,863,000 | 94,249,000 |
| Noninterest-bearing deposits | 23,567,000 | 23,135,000 | 21,072,000 | 21,343,000 |
| Equity capital | 14,309,000 | 13,782,000 | 15,290,000 | 16,027,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,039,000 | 4,414,000 | 6,923,000 | 9,509,000 |
| Interest expense | 523,000 | 1,208,000 | 1,982,000 | 2,786,000 |
| Net interest income | 1,516,000 | 3,206,000 | 4,941,000 | 6,723,000 |
| Noninterest income | 551,000 | 1,103,000 | 1,690,000 | 2,238,000 |
| Noninterest expense | 1,058,000 | 2,140,000 | 3,295,000 | 4,449,000 |
| Provision for loan losses | 0 | 40,000 | 85,000 | 160,000 |
| Pretax income | 978,000 | 2,052,000 | 3,170,000 | 4,271,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 975,000 | 2,049,000 | 3,167,000 | 4,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,968,000 | 14,818,000 | 15,763,000 | 16,474,000 |
| Total capital | 15,940,000 | 15,833,000 | 16,783,000 | 17,559,000 |
| Risk-weighted assets | 85,015,000 | 93,421,000 | 94,835,000 | 94,571,000 |