Call reports 2009
MERCHANTS AND FARMERS BANK OF COMER, GEORGIA — 2009
What MERCHANTS AND FARMERS BANK OF COMER, GEORGIA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Total assets | 174,952,000 | 173,067,000 | 163,331,000 |
| Total loans | 92,617,000 | 89,964,000 | 88,313,000 |
| Allowance for loan losses | 1,952,000 | 2,051,000 | 1,617,000 |
| Securities available for sale | 32,691,000 | 37,109,000 | 39,474,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 135,389,000 | 132,448,000 | 123,283,000 |
| Interest-bearing deposits | 117,976,000 | 114,909,000 | 105,742,000 |
| Noninterest-bearing deposits | 17,413,000 | 17,539,000 | 17,541,000 |
| Equity capital | 36,214,000 | 36,855,000 | 37,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Interest income | 1,865,000 | 3,872,000 | 5,931,000 |
| Interest expense | 701,000 | 1,281,000 | 1,896,000 |
| Net interest income | 1,164,000 | 2,591,000 | 4,035,000 |
| Noninterest income | 523,000 | 1,075,000 | 1,672,000 |
| Noninterest expense | 1,273,000 | 2,602,000 | 3,805,000 |
| Provision for loan losses | 544,000 | 727,000 | 891,000 |
| Pretax income | -96,000 | 371,000 | 1,060,000 |
| Income tax | -34,000 | 131,000 | 375,000 |
| Net income | -62,000 | 240,000 | 685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Tier 1 capital | 20,934,000 | 21,300,000 | 21,811,000 |
| Total capital | 22,238,000 | 22,597,000 | 23,090,000 |
| Risk-weighted assets | 110,236,000 | 105,261,000 | 102,787,000 |