Call reports 2009
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2009
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 230,346,000 | 218,160,000 | 211,400,000 | 265,591,000 |
| Total loans | 130,273,000 | 134,662,000 | 133,411,000 | 133,111,000 |
| Allowance for loan losses | 2,627,000 | 2,459,000 | 2,401,000 | 2,786,000 |
| Securities available for sale | 53,521,000 | 51,051,000 | 51,004,000 | 49,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,715,000 | 178,520,000 | 170,708,000 | 226,079,000 |
| Interest-bearing deposits | 154,623,000 | 145,513,000 | 136,845,000 | 192,788,000 |
| Noninterest-bearing deposits | 36,092,000 | 33,007,000 | 33,863,000 | 33,291,000 |
| Equity capital | 37,921,000 | 38,037,000 | 39,063,000 | 38,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,699,000 | 5,462,000 | 8,152,000 | 10,764,000 |
| Interest expense | 545,000 | 1,029,000 | 1,462,000 | 1,865,000 |
| Net interest income | 2,154,000 | 4,433,000 | 6,690,000 | 8,899,000 |
| Noninterest income | 785,000 | 1,614,000 | 2,420,000 | 3,176,000 |
| Noninterest expense | 1,816,000 | 3,831,000 | 5,782,000 | 7,906,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 650,000 |
| Pretax income | 1,073,000 | 2,116,000 | 3,179,000 | 3,520,000 |
| Income tax | 357,000 | 732,000 | 1,100,000 | 1,266,000 |
| Net income | 716,000 | 1,384,000 | 2,079,000 | 2,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,378,000 | 37,681,000 | 38,387,000 | 37,823,000 |
| Total capital | 39,064,000 | 39,415,000 | 40,098,000 | 39,527,000 |
| Risk-weighted assets | 133,896,000 | 137,937,000 | 136,148,000 | 135,171,000 |