Call reports 2007
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2007
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 141,153,000 | 140,563,000 | 143,349,000 | 142,314,000 |
| Total loans | 90,803,000 | 92,588,000 | 93,228,000 | 97,001,000 |
| Allowance for loan losses | 1,088,000 | 1,125,000 | 1,120,000 | 1,146,000 |
| Securities available for sale | 30,610,000 | 30,698,000 | 31,677,000 | 32,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,484,000 | 119,047,000 | 122,336,000 | 120,846,000 |
| Interest-bearing deposits | 93,070,000 | 97,579,000 | 101,025,000 | 102,600,000 |
| Noninterest-bearing deposits | 22,414,000 | 21,468,000 | 21,311,000 | 18,246,000 |
| Equity capital | 17,082,000 | 16,783,000 | 18,156,000 | 18,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,589,000 | 5,264,000 | 8,016,000 | 10,806,000 |
| Interest expense | 832,000 | 1,759,000 | 2,703,000 | 3,666,000 |
| Net interest income | 1,757,000 | 3,505,000 | 5,313,000 | 7,140,000 |
| Noninterest income | 575,000 | 1,149,000 | 1,777,000 | 2,412,000 |
| Noninterest expense | 1,116,000 | 2,373,000 | 3,568,000 | 4,899,000 |
| Provision for loan losses | 0 | 30,000 | 30,000 | 80,000 |
| Pretax income | 1,216,000 | 2,260,000 | 3,501,000 | 4,581,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,216,000 | 2,260,000 | 3,501,000 | 4,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,391,000 | 17,534,000 | 18,476,000 | 18,766,000 |
| Total capital | 18,479,000 | 18,659,000 | 19,596,000 | 19,912,000 |
| Risk-weighted assets | 96,729,000 | 98,580,000 | 101,095,000 | 105,322,000 |