Call reports 2008
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2008
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 156,411,000 | 198,196,000 | 177,316,000 | 167,354,000 |
| Total loans | 98,738,000 | 94,927,000 | 96,684,000 | 95,979,000 |
| Allowance for loan losses | 1,091,000 | 1,117,000 | 1,237,000 | 1,881,000 |
| Securities available for sale | 30,643,000 | 29,805,000 | 36,230,000 | 37,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,486,000 | 158,801,000 | 137,847,000 | 127,720,000 |
| Interest-bearing deposits | 113,107,000 | 135,425,000 | 118,919,000 | 110,725,000 |
| Noninterest-bearing deposits | 20,379,000 | 23,376,000 | 18,928,000 | 16,995,000 |
| Equity capital | 20,196,000 | 36,634,000 | 36,197,000 | 36,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,600,000 | 840,000 | 3,335,000 | 5,557,000 |
| Interest expense | 895,000 | 346,000 | 1,373,000 | 2,241,000 |
| Net interest income | 1,705,000 | 494,000 | 1,962,000 | 3,316,000 |
| Noninterest income | 616,000 | 193,000 | 776,000 | 1,336,000 |
| Noninterest expense | 1,210,000 | 428,000 | 1,709,000 | 2,989,000 |
| Provision for loan losses | 20,000 | 0 | 269,000 | 1,609,000 |
| Pretax income | 1,098,000 | 259,000 | 802,000 | 177,000 |
| Income tax | 4,000 | 94,000 | 291,000 | 63,000 |
| Net income | 1,094,000 | 165,000 | 511,000 | 114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,800,000 | 22,266,000 | 20,441,000 | 20,930,000 |
| Total capital | 20,891,000 | 23,383,000 | 21,678,000 | 22,314,000 |
| Risk-weighted assets | 109,569,000 | 116,569,000 | 113,787,000 | 111,621,000 |