Call reports 2021
MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2021
What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 112,552,000 | 112,934,000 | 110,742,000 | 122,144,000 |
| Total loans | 55,509,000 | 54,939,000 | 53,522,000 | 52,761,000 |
| Allowance for loan losses | 960,000 | 967,000 | 956,000 | 962,000 |
| Securities available for sale | 29,750,000 | 29,926,000 | 34,628,000 | 37,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,160,000 | 103,276,000 | 100,966,000 | 112,722,000 |
| Interest-bearing deposits | 72,991,000 | 65,672,000 | 64,915,000 | 84,178,000 |
| Noninterest-bearing deposits | 30,169,000 | 37,604,000 | 36,051,000 | 28,544,000 |
| Equity capital | 9,303,000 | 9,577,000 | 9,631,000 | 9,405,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 816,000 | 1,929,000 | 2,820,000 | 3,546,000 |
| Interest expense | 82,000 | 139,000 | 183,000 | 219,000 |
| Net interest income | 734,000 | 1,790,000 | 2,637,000 | 3,327,000 |
| Noninterest income | 46,000 | 99,000 | 165,000 | 213,000 |
| Noninterest expense | 685,000 | 1,464,000 | 2,188,000 | 2,810,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 114,000 | 444,000 | 633,000 | 749,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 114,000 | 444,000 | 633,000 | 749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,114,000 | 9,377,000 | 9,467,000 | 9,517,000 |
| Total capital | 9,931,000 | 10,188,000 | 10,270,000 | 10,336,000 |
| Risk-weighted assets | 65,280,000 | 64,706,000 | 64,117,000 | 65,438,000 |