Call reports 2001
MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2001
What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 53,716,000 | 53,312,000 | 56,589,000 | 59,588,000 |
| Total loans | 35,847,000 | 39,307,000 | 39,749,000 | 42,243,000 |
| Allowance for loan losses | 360,000 | 380,000 | 408,000 | 428,000 |
| Securities available for sale | 9,246,000 | 8,972,000 | 11,638,000 | 12,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,339,000 | 44,866,000 | 45,882,000 | 49,287,000 |
| Interest-bearing deposits | 40,273,000 | 39,809,000 | 40,711,000 | 43,337,000 |
| Noninterest-bearing deposits | 5,066,000 | 5,057,000 | 5,171,000 | 5,950,000 |
| Equity capital | 4,856,000 | 4,943,000 | 5,222,000 | 5,177,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 981,000 | 1,961,000 | 2,925,000 | 3,977,000 |
| Interest expense | 560,000 | 1,096,000 | 1,593,000 | 2,065,000 |
| Net interest income | 421,000 | 865,000 | 1,332,000 | 1,912,000 |
| Noninterest income | 81,000 | 155,000 | 253,000 | 237,000 |
| Noninterest expense | 400,000 | 765,000 | 1,137,000 | 1,522,000 |
| Provision for loan losses | 25,000 | 50,000 | 78,000 | 98,000 |
| Pretax income | 77,000 | 205,000 | 370,000 | 529,000 |
| Income tax | 0 | 17,000 | 19,000 | 22,000 |
| Net income | 77,000 | 188,000 | 351,000 | 507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,470,000 | 4,579,000 | 4,742,000 | 4,899,000 |
| Total capital | 4,830,000 | 4,959,000 | 5,150,000 | 5,327,000 |
| Risk-weighted assets | 34,809,000 | 36,992,000 | 38,070,000 | 39,964,000 |