Call reports 2020

MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2020

Name: MERCHANTS AND FARMERS BANK OF SALISBURY, THE — FFIEC call report 2020
Creator: MERCHANTS AND FARMERS BANK OF SALISBURY, THE

What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c5c61bac-1d07-464c-9669-253d6030e76e/2020

Balance sheet

What the bank holds and owes at quarter end

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Total assets	96,128,000	102,831,000	103,748,000	113,606,000
Total loans	56,602,000	57,080,000	55,774,000	53,789,000
Allowance for loan losses	1,096,000	1,096,000	947,000	954,000
Securities available for sale	26,850,000	25,602,000	29,324,000	30,797,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	86,533,000	92,960,000	93,999,000	103,990,000
Interest-bearing deposits	66,660,000	69,436,000	69,780,000	77,974,000
Noninterest-bearing deposits	19,873,000	23,524,000	24,219,000	26,016,000
Equity capital	9,488,000	9,769,000	9,589,000	9,581,000

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

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Interest income	937,000	1,815,000	2,670,000	3,484,000
Interest expense	157,000	271,000	376,000	470,000
Net interest income	780,000	1,544,000	2,294,000	3,014,000
Noninterest income	49,000	89,000	168,000	214,000
Noninterest expense	719,000	1,363,000	2,048,000	2,721,000
Provision for loan losses	0	0	0	0
Pretax income	110,000	270,000	414,000	507,000
Income tax	3,000	3,000	3,000	0
Net income	107,000	267,000	411,000	507,000

Basel measures — not reported for every quarter

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Tier 1 capital	9,122,000	9,187,000	9,040,000	9,069,000
Total capital	9,885,000	9,963,000	9,817,000	9,857,000
Risk-weighted assets	60,779,000	61,781,000	62,005,000	62,928,000