Call reports 2012
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2012
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 268,540,000 | 258,246,000 | 246,607,000 | 301,288,000 |
| Total loans | 132,074,000 | 132,845,000 | 133,115,000 | 133,737,000 |
| Allowance for loan losses | 2,386,000 | 2,128,000 | 1,955,000 | 2,059,000 |
| Securities available for sale | 50,536,000 | 46,031,000 | 49,118,000 | 54,501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,564,000 | 215,589,000 | 203,255,000 | 259,337,000 |
| Interest-bearing deposits | 182,369,000 | 142,469,000 | 138,205,000 | 167,991,000 |
| Noninterest-bearing deposits | 44,195,000 | 73,120,000 | 65,050,000 | 91,346,000 |
| Equity capital | 40,731,000 | 41,274,000 | 41,741,000 | 40,868,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,475,000 | 4,882,000 | 7,316,000 | 9,682,000 |
| Interest expense | 181,000 | 335,000 | 478,000 | 612,000 |
| Net interest income | 2,294,000 | 4,547,000 | 6,838,000 | 9,070,000 |
| Noninterest income | 667,000 | 1,342,000 | 1,984,000 | 2,745,000 |
| Noninterest expense | 1,791,000 | 3,747,000 | 5,687,000 | 8,064,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 850,000 |
| Pretax income | 1,120,000 | 2,042,000 | 2,985,000 | 2,901,000 |
| Income tax | 367,000 | 698,000 | 1,026,000 | 1,020,000 |
| Net income | 753,000 | 1,344,000 | 1,959,000 | 1,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,592,000 | 40,881,000 | 41,507,000 | 40,615,000 |
| Total capital | 42,276,000 | 42,573,000 | 43,202,000 | 42,328,000 |
| Risk-weighted assets | 133,965,000 | 134,879,000 | 135,288,000 | 136,682,000 |