Call reports 2007
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2007
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 216,375,000 | 217,446,000 | 213,089,000 | 245,329,000 |
| Total loans | 118,052,000 | 117,517,000 | 117,413,000 | 117,465,000 |
| Allowance for loan losses | 2,389,000 | 2,379,000 | 2,340,000 | 2,375,000 |
| Securities available for sale | 43,400,000 | 44,503,000 | 47,151,000 | 49,249,000 |
| Securities held to maturity | 75,000 | 75,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,929,000 | 181,398,000 | 175,397,000 | 207,743,000 |
| Interest-bearing deposits | 139,584,000 | 141,913,000 | 137,313,000 | 172,932,000 |
| Noninterest-bearing deposits | 41,345,000 | 39,485,000 | 38,084,000 | 34,811,000 |
| Equity capital | 33,232,000 | 33,780,000 | 35,152,000 | 35,184,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,897,000 | 7,505,000 | 11,129,000 | 14,754,000 |
| Interest expense | 920,000 | 1,847,000 | 2,826,000 | 3,824,000 |
| Net interest income | 2,977,000 | 5,658,000 | 8,303,000 | 10,930,000 |
| Noninterest income | 773,000 | 1,554,000 | 2,423,000 | 3,305,000 |
| Noninterest expense | 1,881,000 | 3,559,000 | 5,435,000 | 7,791,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 450,000 |
| Pretax income | 1,819,000 | 3,553,000 | 5,142,000 | 5,996,000 |
| Income tax | 610,000 | 1,214,000 | 1,761,000 | 2,079,000 |
| Net income | 1,209,000 | 2,339,000 | 3,381,000 | 3,917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,684,000 | 33,473,000 | 34,536,000 | 34,331,000 |
| Total capital | 34,334,000 | 35,133,000 | 36,162,000 | 36,015,000 |
| Risk-weighted assets | 131,221,000 | 132,053,000 | 129,342,000 | 133,972,000 |