Call reports 2015
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2015
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 282,134,000 | 275,862,000 | 263,753,000 | 356,627,000 |
| Total loans | 121,156,000 | 119,448,000 | 119,320,000 | 118,543,000 |
| Allowance for loan losses | 1,700,000 | 1,738,000 | 1,765,000 | 1,950,000 |
| Securities available for sale | 64,020,000 | 63,377,000 | 65,950,000 | 67,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,984,000 | 232,072,000 | 218,616,000 | 312,390,000 |
| Interest-bearing deposits | 161,840,000 | 159,978,000 | 156,806,000 | 205,583,000 |
| Noninterest-bearing deposits | 76,144,000 | 72,094,000 | 61,810,000 | 106,807,000 |
| Equity capital | 42,842,000 | 42,322,000 | 43,493,000 | 43,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,264,000 | 4,537,000 | 6,791,000 | 9,082,000 |
| Interest expense | 121,000 | 238,000 | 353,000 | 472,000 |
| Net interest income | 2,143,000 | 4,299,000 | 6,438,000 | 8,610,000 |
| Noninterest income | 674,000 | 1,369,000 | 2,031,000 | 2,656,000 |
| Noninterest expense | 1,951,000 | 3,964,000 | 5,952,000 | 8,127,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 400,000 |
| Pretax income | 816,000 | 1,604,000 | 2,367,000 | 2,739,000 |
| Income tax | 278,000 | 553,000 | 821,000 | 965,000 |
| Net income | 538,000 | 1,051,000 | 1,546,000 | 1,774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,088,000 | 43,292,000 | 43,792,000 | 43,399,000 |
| Total capital | 44,703,000 | 44,910,000 | 45,386,000 | 44,994,000 |
| Risk-weighted assets | 129,151,000 | 129,241,000 | 127,301,000 | 127,185,000 |