Call reports 2003

MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2003

Name: MERCHANTS AND FARMERS BANK OF SALISBURY, THE — FFIEC call report 2003
Creator: MERCHANTS AND FARMERS BANK OF SALISBURY, THE

What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c5c61bac-1d07-464c-9669-253d6030e76e/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	69,818,000	72,896,000	74,896,000	75,148,000
Total loans	49,741,000	50,418,000	52,431,000	51,662,000
Allowance for loan losses	501,000	520,000	534,000	546,000
Securities available for sale	16,261,000	18,611,000	18,541,000	17,811,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	59,200,000	60,901,000	60,253,000	62,179,000
Interest-bearing deposits	53,121,000	54,737,000	53,426,000	55,176,000
Noninterest-bearing deposits	6,079,000	6,164,000	6,827,000	7,003,000
Equity capital	5,484,000	5,693,000	5,300,000	5,528,000

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

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	963,000	1,959,000	3,020,000	4,045,000
Interest expense	441,000	874,000	1,300,000	1,710,000
Net interest income	522,000	1,085,000	1,720,000	2,335,000
Noninterest income	58,000	139,000	192,000	251,000
Noninterest expense	403,000	826,000	1,263,000	1,724,000
Provision for loan losses	15,000	30,000	45,000	60,000
Pretax income	180,000	386,000	622,000	820,000
Income tax	-3,000	0	5,000	8,000
Net income	183,000	386,000	617,000	812,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	5,325,000	5,361,000	5,507,000	5,704,000
Total capital	5,826,000	5,881,000	6,041,000	6,250,000
Risk-weighted assets	47,541,000	49,117,000	52,102,000	52,108,000