Call reports 2001
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2001
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 171,121,000 | 171,438,000 | 172,316,000 | 180,183,000 |
| Total loans | 97,006,000 | 98,297,000 | 95,929,000 | 96,702,000 |
| Allowance for loan losses | 1,618,000 | 1,535,000 | 1,410,000 | 1,648,000 |
| Securities available for sale | 31,948,000 | 34,323,000 | 27,862,000 | 30,069,000 |
| Securities held to maturity | 3,745,000 | 3,425,000 | 2,960,000 | 2,960,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,249,000 | 146,119,000 | 146,242,000 | 155,610,000 |
| Interest-bearing deposits | 120,560,000 | 118,117,000 | 120,140,000 | 130,580,000 |
| Noninterest-bearing deposits | 25,689,000 | 28,002,000 | 26,102,000 | 25,030,000 |
| Equity capital | 22,839,000 | 23,265,000 | 24,033,000 | 23,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,304,000 | 6,448,000 | 9,429,000 | 12,090,000 |
| Interest expense | 1,335,000 | 2,566,000 | 3,673,000 | 4,571,000 |
| Net interest income | 1,969,000 | 3,882,000 | 5,756,000 | 7,519,000 |
| Noninterest income | 524,000 | 1,057,000 | 1,590,000 | 2,211,000 |
| Noninterest expense | 1,324,000 | 2,751,000 | 4,070,000 | 5,550,000 |
| Provision for loan losses | 40,000 | 80,000 | 120,000 | 420,000 |
| Pretax income | 1,132,000 | 2,111,000 | 3,159,000 | 3,770,000 |
| Income tax | 356,000 | 677,000 | 1,024,000 | 1,235,000 |
| Net income | 776,000 | 1,434,000 | 2,135,000 | 2,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,432,000 | 22,789,000 | 23,450,000 | 23,273,000 |
| Total capital | 23,765,000 | 24,113,000 | 24,742,000 | 24,624,000 |
| Risk-weighted assets | 106,353,000 | 105,682,000 | 103,265,000 | 107,784,000 |