Call reports 2008

MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2008

Name: MERCHANTS AND FARMERS BANK OF SALISBURY, THE — FFIEC call report 2008
Creator: MERCHANTS AND FARMERS BANK OF SALISBURY, THE

What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c5c61bac-1d07-464c-9669-253d6030e76e/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	91,612,000	93,333,000	93,986,000	96,215,000
Total loans	58,929,000	59,035,000	59,862,000	60,298,000
Allowance for loan losses	736,000	737,000	755,000	726,000
Securities available for sale	25,010,000	28,738,000	27,597,000	26,393,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	80,898,000	81,410,000	78,848,000	84,938,000
Interest-bearing deposits	71,383,000	70,983,000	69,090,000	74,104,000
Noninterest-bearing deposits	9,515,000	10,427,000	9,758,000	10,834,000
Equity capital	8,377,000	7,764,000	7,877,000	8,164,000

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	1,424,000	2,764,000	4,061,000	5,329,000
Interest expense	697,000	1,298,000	1,840,000	2,327,000
Net interest income	727,000	1,466,000	2,221,000	3,002,000
Noninterest income	55,000	129,000	209,000	278,000
Noninterest expense	632,000	1,272,000	1,949,000	2,658,000
Provision for loan losses	10,000	10,000	30,000	485,000
Pretax income	218,000	391,000	529,000	196,000
Income tax	6,000	9,000	11,000	14,000
Net income	212,000	382,000	518,000	182,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	8,168,000	8,139,000	8,177,000	7,842,000
Total capital	8,893,000	8,876,000	8,930,000	8,568,000
Risk-weighted assets	57,954,000	59,136,000	60,218,000	61,967,000