Call reports 2002

MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2002

Name: MERCHANTS AND FARMERS BANK OF SALISBURY, THE — FFIEC call report 2002
Creator: MERCHANTS AND FARMERS BANK OF SALISBURY, THE

What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2002, quarter by quarter.

PERIOD: 2002SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c5c61bac-1d07-464c-9669-253d6030e76e/2002

Balance sheet

What the bank holds and owes at quarter end

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Total assets	60,211,000	62,608,000	64,292,000	70,319,000
Total loans	43,340,000	45,147,000	47,128,000	48,826,000
Allowance for loan losses	442,000	457,000	473,000	486,000
Securities available for sale	13,900,000	13,024,000	12,369,000	16,308,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	50,128,000	51,288,000	53,620,000	57,078,000
Interest-bearing deposits	45,044,000	46,012,000	47,911,000	50,655,000
Noninterest-bearing deposits	5,084,000	5,276,000	5,709,000	6,423,000
Equity capital	5,265,000	5,217,000	5,393,000	5,577,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Interest income	956,000	1,813,000	2,726,000	3,736,000
Interest expense	450,000	890,000	1,355,000	1,812,000
Net interest income	506,000	923,000	1,371,000	1,924,000
Noninterest income	58,000	208,000	365,000	232,000
Noninterest expense	423,000	763,000	1,166,000	1,556,000
Provision for loan losses	15,000	30,000	45,000	64,000
Pretax income	126,000	338,000	525,000	782,000
Income tax	-33,000	-33,000	-31,000	-25,000
Net income	159,000	371,000	556,000	807,000

Basel measures — not reported for every quarter

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Tier 1 capital	5,058,000	4,858,000	4,968,000	5,218,000
Total capital	5,500,000	5,315,000	5,441,000	5,704,000
Risk-weighted assets	41,088,000	43,446,000	45,459,000	47,787,000