Call reports 2016
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2016
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 289,123,000 | 279,263,000 | 277,343,000 | 375,302,000 |
| Total loans | 117,046,000 | 116,378,000 | 113,502,000 | 111,727,000 |
| Allowance for loan losses | 1,891,000 | 2,206,000 | 2,059,000 | 1,809,000 |
| Securities available for sale | 69,112,000 | 74,015,000 | 77,736,000 | 78,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,914,000 | 233,703,000 | 231,691,000 | 332,632,000 |
| Interest-bearing deposits | 166,109,000 | 163,976,000 | 164,350,000 | 221,649,000 |
| Noninterest-bearing deposits | 77,805,000 | 69,727,000 | 67,341,000 | 110,983,000 |
| Equity capital | 43,856,000 | 44,033,000 | 43,972,000 | 41,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,308,000 | 4,666,000 | 6,964,000 | 9,171,000 |
| Interest expense | 115,000 | 235,000 | 356,000 | 479,000 |
| Net interest income | 2,193,000 | 4,431,000 | 6,608,000 | 8,692,000 |
| Noninterest income | 606,000 | 1,204,000 | 1,749,000 | 2,351,000 |
| Noninterest expense | 2,004,000 | 3,963,000 | 6,088,000 | 8,117,000 |
| Provision for loan losses | 0 | 350,000 | 885,000 | 885,000 |
| Pretax income | 795,000 | 1,323,000 | 1,385,000 | 2,042,000 |
| Income tax | 267,000 | 452,000 | 467,000 | 715,000 |
| Net income | 528,000 | 871,000 | 918,000 | 1,327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,906,000 | 43,944,000 | 43,997,000 | 43,787,000 |
| Total capital | 45,475,000 | 45,516,000 | 45,546,000 | 45,356,000 |
| Risk-weighted assets | 125,177,000 | 125,082,000 | 123,376,000 | 125,245,000 |