Call reports 2024
FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG — 2024
What FARMERS AND MERCHANTS TRUST COMPANY OF CHAMBERSBURG reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,011,887,000 | 2,038,962,000 | 2,151,872,000 | 2,197,156,000 |
| Total loans | 1,277,876,000 | 1,319,252,000 | 1,368,618,000 | 1,400,547,000 |
| Allowance for loan losses | 16,533,000 | 17,018,000 | 17,507,000 | 17,653,000 |
| Securities available for sale | 462,951,000 | 454,465,000 | 466,485,000 | 508,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,569,531,000 | 1,596,620,000 | 1,733,480,000 | 1,825,022,000 |
| Interest-bearing deposits | 1,267,419,000 | 1,303,494,000 | 1,420,284,000 | 1,525,300,000 |
| Noninterest-bearing deposits | 302,112,000 | 293,126,000 | 313,196,000 | 299,722,000 |
| Equity capital | 142,871,000 | 145,147,000 | 158,304,000 | 153,345,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 24,343,000 | 49,650,000 | 76,399,000 | 103,822,000 |
| Interest expense | 9,992,000 | 20,251,000 | 31,388,000 | 42,886,000 |
| Net interest income | 14,351,000 | 29,399,000 | 45,011,000 | 60,936,000 |
| Noninterest income | 4,315,000 | 8,820,000 | 13,366,000 | 17,961,000 |
| Noninterest expense | 13,425,000 | 27,963,000 | 42,098,000 | 56,552,000 |
| Provision for loan losses | 490,000 | 1,050,000 | 1,524,000 | 1,975,000 |
| Pretax income | 4,789,000 | 9,258,000 | 14,796,000 | 16,095,000 |
| Income tax | 797,000 | 1,612,000 | 2,577,000 | 2,798,000 |
| Net income | 3,992,000 | 7,646,000 | 12,219,000 | 13,297,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,089,000 | 177,012,000 | 180,173,000 | 179,837,000 |
| Total capital | 192,578,000 | 195,051,000 | 198,662,000 | 199,034,000 |
| Risk-weighted assets | 1,398,144,000 | 1,442,172,000 | 1,478,130,000 | 1,535,284,000 |