Call reports 2018
MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2018
What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 96,274,000 | 96,226,000 | 93,821,000 | 102,634,000 |
| Total loans | 56,981,000 | 56,771,000 | 57,468,000 | 57,739,000 |
| Allowance for loan losses | 1,108,000 | 1,101,000 | 1,099,000 | 1,099,000 |
| Securities available for sale | 31,644,000 | 28,853,000 | 28,670,000 | 27,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,142,000 | 88,061,000 | 85,786,000 | 94,396,000 |
| Interest-bearing deposits | 69,082,000 | 67,420,000 | 68,424,000 | 75,628,000 |
| Noninterest-bearing deposits | 19,059,000 | 20,641,000 | 17,362,000 | 18,768,000 |
| Equity capital | 8,040,000 | 8,018,000 | 7,881,000 | 8,188,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 868,000 | 1,755,000 | 2,666,000 | 3,591,000 |
| Interest expense | 118,000 | 242,000 | 376,000 | 525,000 |
| Net interest income | 750,000 | 1,513,000 | 2,290,000 | 3,066,000 |
| Noninterest income | 53,000 | 113,000 | 178,000 | 227,000 |
| Noninterest expense | 721,000 | 1,403,000 | 2,088,000 | 2,786,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 223,000 | 380,000 | 507,000 |
| Income tax | 0 | 9,000 | 9,000 | 10,000 |
| Net income | 82,000 | 214,000 | 371,000 | 497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,765,000 | 8,810,000 | 8,819,000 | 8,863,000 |
| Total capital | 9,535,000 | 9,570,000 | 9,583,000 | 9,650,000 |
| Risk-weighted assets | 61,139,000 | 60,485,000 | 60,673,000 | 62,690,000 |