Call reports 2008
FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG — 2008
What FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 821,499,000 | 845,052,000 | 877,019,000 | 897,817,000 |
| Total loans | 588,980,000 | 615,064,000 | 655,481,000 | 676,217,000 |
| Allowance for loan losses | 7,393,000 | 7,503,000 | 7,706,000 | 7,357,000 |
| Securities available for sale | 155,276,000 | 152,774,000 | 148,540,000 | 144,596,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 594,165,000 | 604,833,000 | 608,477,000 | 628,095,000 |
| Interest-bearing deposits | 555,394,000 | 565,268,000 | 569,303,000 | 590,720,000 |
| Noninterest-bearing deposits | 38,771,000 | 39,565,000 | 39,174,000 | 37,375,000 |
| Equity capital | 68,069,000 | 68,198,000 | 68,118,000 | 67,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 12,132,000 | 23,948,000 | 36,082,000 | 48,280,000 |
| Interest expense | 4,170,000 | 7,951,000 | 11,931,000 | 16,037,000 |
| Net interest income | 7,962,000 | 15,997,000 | 24,151,000 | 32,243,000 |
| Noninterest income | 1,860,000 | 3,980,000 | 5,954,000 | 7,469,000 |
| Noninterest expense | 5,901,000 | 11,909,000 | 17,594,000 | 23,390,000 |
| Provision for loan losses | 215,000 | 505,000 | 778,000 | 1,193,000 |
| Pretax income | 3,949,000 | 7,806,000 | 11,633,000 | 15,029,000 |
| Income tax | 1,067,000 | 2,115,000 | 3,216,000 | 4,001,000 |
| Net income | 2,882,000 | 5,691,000 | 8,417,000 | 11,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,506,000 | 58,807,000 | 60,567,000 | 63,164,000 |
| Total capital | 64,899,000 | 66,310,000 | 68,273,000 | 70,521,000 |
| Risk-weighted assets | 612,718,000 | 640,778,000 | 670,597,000 | 685,526,000 |