Call reports 2011
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2011
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 264,142,000 | 254,903,000 | 246,829,000 | 303,662,000 |
| Total loans | 135,875,000 | 135,662,000 | 134,046,000 | 132,827,000 |
| Allowance for loan losses | 2,349,000 | 2,217,000 | 2,142,000 | 2,410,000 |
| Securities available for sale | 55,014,000 | 57,185,000 | 45,473,000 | 52,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,879,000 | 213,454,000 | 204,357,000 | 262,305,000 |
| Interest-bearing deposits | 183,052,000 | 173,669,000 | 163,320,000 | 218,312,000 |
| Noninterest-bearing deposits | 40,827,000 | 39,785,000 | 41,037,000 | 43,993,000 |
| Equity capital | 39,018,000 | 40,061,000 | 40,937,000 | 40,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,458,000 | 5,026,000 | 7,487,000 | 9,961,000 |
| Interest expense | 279,000 | 531,000 | 749,000 | 946,000 |
| Net interest income | 2,179,000 | 4,495,000 | 6,738,000 | 9,015,000 |
| Noninterest income | 681,000 | 1,348,000 | 2,025,000 | 2,646,000 |
| Noninterest expense | 1,863,000 | 3,857,000 | 5,673,000 | 7,974,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 650,000 |
| Pretax income | 947,000 | 1,886,000 | 2,940,000 | 3,037,000 |
| Income tax | 325,000 | 653,000 | 1,028,000 | 1,075,000 |
| Net income | 622,000 | 1,233,000 | 1,912,000 | 1,962,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,394,000 | 39,703,000 | 40,393,000 | 39,828,000 |
| Total capital | 41,107,000 | 41,427,000 | 42,100,000 | 41,530,000 |
| Risk-weighted assets | 136,375,000 | 137,368,000 | 136,059,000 | 135,398,000 |