Call reports 2005
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2005
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 195,021,000 | 188,359,000 | 190,031,000 | 228,213,000 |
| Total loans | 116,265,000 | 113,076,000 | 113,492,000 | 118,779,000 |
| Allowance for loan losses | 1,840,000 | 1,891,000 | 1,913,000 | 2,005,000 |
| Securities available for sale | 43,762,000 | 44,337,000 | 44,149,000 | 41,446,000 |
| Securities held to maturity | 175,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,223,000 | 157,832,000 | 158,604,000 | 197,237,000 |
| Interest-bearing deposits | 128,451,000 | 120,486,000 | 123,295,000 | 162,564,000 |
| Noninterest-bearing deposits | 36,772,000 | 37,346,000 | 35,309,000 | 34,673,000 |
| Equity capital | 28,435,000 | 28,982,000 | 29,626,000 | 29,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,304,000 | 4,712,000 | 7,129,000 | 9,671,000 |
| Interest expense | 354,000 | 762,000 | 1,250,000 | 1,759,000 |
| Net interest income | 1,950,000 | 3,950,000 | 5,879,000 | 7,912,000 |
| Noninterest income | 804,000 | 1,522,000 | 2,277,000 | 3,086,000 |
| Noninterest expense | 1,590,000 | 3,046,000 | 4,653,000 | 6,439,000 |
| Provision for loan losses | 40,000 | 80,000 | 120,000 | 350,000 |
| Pretax income | 1,124,000 | 2,346,000 | 3,383,000 | 4,146,000 |
| Income tax | 366,000 | 788,000 | 1,155,000 | 1,407,000 |
| Net income | 758,000 | 1,558,000 | 2,228,000 | 2,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,003,000 | 28,486,000 | 29,177,000 | 28,997,000 |
| Total capital | 29,552,000 | 29,977,000 | 30,669,000 | 30,628,000 |
| Risk-weighted assets | 123,638,000 | 118,880,000 | 118,950,000 | 130,062,000 |