Call reports 2012
MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2012
What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 99,260,000 | 94,008,000 | 95,383,000 | 104,688,000 |
| Total loans | 57,726,000 | 60,062,000 | 62,179,000 | 61,358,000 |
| Allowance for loan losses | 1,075,000 | 1,110,000 | 983,000 | 1,001,000 |
| Securities available for sale | 26,657,000 | 25,811,000 | 22,836,000 | 27,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,433,000 | 83,422,000 | 84,607,000 | 94,279,000 |
| Interest-bearing deposits | 73,335,000 | 70,959,000 | 69,634,000 | 78,076,000 |
| Noninterest-bearing deposits | 14,098,000 | 12,463,000 | 14,973,000 | 16,203,000 |
| Equity capital | 8,853,000 | 9,161,000 | 9,316,000 | 9,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 944,000 | 1,885,000 | 2,831,000 | 3,748,000 |
| Interest expense | 214,000 | 401,000 | 563,000 | 724,000 |
| Net interest income | 730,000 | 1,484,000 | 2,268,000 | 3,024,000 |
| Noninterest income | 42,000 | 97,000 | 170,000 | 165,000 |
| Noninterest expense | 594,000 | 1,159,000 | 1,767,000 | 2,356,000 |
| Provision for loan losses | 30,000 | 50,000 | 95,000 | 103,000 |
| Pretax income | 148,000 | 372,000 | 576,000 | 730,000 |
| Income tax | 15,000 | 24,000 | 30,000 | 34,000 |
| Net income | 133,000 | 348,000 | 546,000 | 696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,690,000 | 8,871,000 | 9,044,000 | 8,896,000 |
| Total capital | 9,438,000 | 9,643,000 | 9,843,000 | 9,690,000 |
| Risk-weighted assets | 59,483,000 | 61,420,000 | 63,718,000 | 63,307,000 |