Call reports 2022
MERCHANTS AND FARMERS BANK OF SALISBURY, THE — 2022
What MERCHANTS AND FARMERS BANK OF SALISBURY, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Total assets | 117,615,000 | 114,656,000 | 111,160,000 |
| Total loans | 50,625,000 | 50,717,000 | 50,288,000 |
| Allowance for loan losses | 955,000 | 962,000 | 979,000 |
| Securities available for sale | 37,719,000 | 36,446,000 | 35,035,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 110,013,000 | 107,826,000 | 106,099,000 |
| Interest-bearing deposits | 79,234,000 | 78,606,000 | 76,988,000 |
| Noninterest-bearing deposits | 30,779,000 | 29,220,000 | 29,111,000 |
| Equity capital | 7,530,000 | 6,755,000 | 4,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Interest income | 734,000 | 1,500,000 | 2,367,000 |
| Interest expense | 34,000 | 79,000 | 127,000 |
| Net interest income | 700,000 | 1,421,000 | 2,240,000 |
| Noninterest income | 41,000 | 95,000 | 158,000 |
| Noninterest expense | 695,000 | 1,352,000 | 2,793,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 46,000 | 164,000 | -395,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 46,000 | 164,000 | -395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Tier 1 capital | 9,489,000 | 9,484,000 | 8,856,000 |
| Total capital | 10,268,000 | 10,256,000 | 9,627,000 |
| Risk-weighted assets | 62,209,000 | 61,603,000 | 61,472,000 |