Call reports 2023
FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG — 2023
What FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,710,994,000 | 1,736,330,000 | 1,827,377,000 | 1,835,344,000 |
| Total loans | 1,077,446,000 | 1,145,288,000 | 1,207,642,000 | 1,257,198,000 |
| Allowance for loan losses | 14,109,000 | 14,615,000 | 15,528,000 | 16,052,000 |
| Securities available for sale | 457,767,000 | 439,471,000 | 458,276,000 | 472,503,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,515,349,000 | 1,524,025,000 | 1,578,271,000 | 1,548,238,000 |
| Interest-bearing deposits | 1,204,102,000 | 1,225,750,000 | 1,272,233,000 | 1,264,927,000 |
| Noninterest-bearing deposits | 311,247,000 | 298,275,000 | 306,038,000 | 283,311,000 |
| Equity capital | 129,176,000 | 127,342,000 | 122,497,000 | 140,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 17,146,000 | 36,213,000 | 57,121,000 | 79,297,000 |
| Interest expense | 3,480,000 | 8,535,000 | 14,719,000 | 22,072,000 |
| Net interest income | 13,666,000 | 27,678,000 | 42,402,000 | 57,225,000 |
| Noninterest income | 3,845,000 | 8,072,000 | 12,121,000 | 16,271,000 |
| Noninterest expense | 12,063,000 | 24,989,000 | 37,522,000 | 50,962,000 |
| Provision for loan losses | 467,000 | 991,000 | 1,857,000 | 2,589,000 |
| Pretax income | 4,317,000 | 8,581,000 | 13,946,000 | 18,691,000 |
| Income tax | 676,000 | 1,399,000 | 2,343,000 | 3,072,000 |
| Net income | 3,641,000 | 7,182,000 | 11,603,000 | 15,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,157,000 | 166,287,000 | 169,316,000 | 171,932,000 |
| Total capital | 178,106,000 | 180,898,000 | 185,575,000 | 188,843,000 |
| Risk-weighted assets | 1,113,842,000 | 1,166,923,000 | 1,299,497,000 | 1,351,777,000 |