Call reports 2013
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2013
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 285,167,000 | 261,423,000 | 238,474,000 | 311,966,000 |
| Total loans | 131,186,000 | 133,349,000 | 133,227,000 | 130,500,000 |
| Allowance for loan losses | 1,920,000 | 1,946,000 | 1,776,000 | 2,035,000 |
| Securities available for sale | 63,968,000 | 62,453,000 | 60,308,000 | 60,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,366,000 | 219,717,000 | 197,266,000 | 272,064,000 |
| Interest-bearing deposits | 147,619,000 | 142,888,000 | 142,066,000 | 181,379,000 |
| Noninterest-bearing deposits | 94,747,000 | 76,829,000 | 55,200,000 | 90,685,000 |
| Equity capital | 41,526,000 | 40,271,000 | 39,620,000 | 38,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,368,000 | 4,802,000 | 7,226,000 | 9,646,000 |
| Interest expense | 134,000 | 263,000 | 391,000 | 519,000 |
| Net interest income | 2,234,000 | 4,539,000 | 6,835,000 | 9,127,000 |
| Noninterest income | 700,000 | 1,394,000 | 2,100,000 | 2,802,000 |
| Noninterest expense | 1,879,000 | 3,851,000 | 5,693,000 | 8,026,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 900,000 |
| Pretax income | 1,005,000 | 1,982,000 | 3,092,000 | 3,003,000 |
| Income tax | 325,000 | 661,000 | 1,071,000 | 1,053,000 |
| Net income | 680,000 | 1,321,000 | 2,021,000 | 1,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,305,000 | 41,644,000 | 42,355,000 | 41,670,000 |
| Total capital | 43,003,000 | 43,382,000 | 44,108,000 | 43,405,000 |
| Risk-weighted assets | 135,538,000 | 138,765,000 | 140,194,000 | 138,442,000 |