Call reports 2006
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2006
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 196,432,000 | 194,414,000 | 199,599,000 | 250,600,000 |
| Total loans | 118,231,000 | 120,327,000 | 122,173,000 | 118,277,000 |
| Allowance for loan losses | 2,118,000 | 2,199,000 | 2,227,000 | 2,359,000 |
| Securities available for sale | 41,732,000 | 43,493,000 | 41,731,000 | 41,955,000 |
| Securities held to maturity | 75,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,334,000 | 161,580,000 | 165,331,000 | 216,475,000 |
| Interest-bearing deposits | 125,344,000 | 123,968,000 | 127,405,000 | 177,784,000 |
| Noninterest-bearing deposits | 38,990,000 | 37,612,000 | 37,926,000 | 38,691,000 |
| Equity capital | 30,364,000 | 30,974,000 | 32,085,000 | 31,974,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,063,000 | 6,017,000 | 9,192,000 | 12,485,000 |
| Interest expense | 529,000 | 1,111,000 | 1,818,000 | 2,680,000 |
| Net interest income | 2,534,000 | 4,906,000 | 7,374,000 | 9,805,000 |
| Noninterest income | 738,000 | 1,481,000 | 2,266,000 | 3,108,000 |
| Noninterest expense | 1,682,000 | 3,281,000 | 5,051,000 | 7,299,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 350,000 |
| Pretax income | 1,540,000 | 3,006,000 | 4,439,000 | 5,265,000 |
| Income tax | 525,000 | 1,034,000 | 1,524,000 | 1,829,000 |
| Net income | 1,015,000 | 1,972,000 | 2,915,000 | 3,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,033,000 | 30,673,000 | 31,637,000 | 31,454,000 |
| Total capital | 31,591,000 | 32,238,000 | 33,273,000 | 33,189,000 |
| Risk-weighted assets | 124,018,000 | 124,539,000 | 130,256,000 | 138,161,000 |