Call reports 2019
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2019
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 352,264,000 | 322,736,000 | 313,324,000 | 425,369,000 |
| Total loans | 91,116,000 | 89,356,000 | 89,865,000 | 88,814,000 |
| Allowance for loan losses | 1,394,000 | 1,495,000 | 1,483,000 | 1,548,000 |
| Securities available for sale | 87,568,000 | 90,677,000 | 105,034,000 | 100,689,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,082,000 | 273,139,000 | 262,929,000 | 375,653,000 |
| Interest-bearing deposits | 198,046,000 | 178,091,000 | 181,326,000 | 253,223,000 |
| Noninterest-bearing deposits | 107,036,000 | 95,048,000 | 81,603,000 | 122,430,000 |
| Equity capital | 45,872,000 | 48,125,000 | 48,767,000 | 48,567,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,193,000 | 5,989,000 | 8,714,000 | 11,264,000 |
| Interest expense | 162,000 | 328,000 | 519,000 | 713,000 |
| Net interest income | 3,031,000 | 5,661,000 | 8,195,000 | 10,551,000 |
| Noninterest income | 573,000 | 1,134,000 | 1,668,000 | 2,240,000 |
| Noninterest expense | 2,073,000 | 3,987,000 | 6,091,000 | 8,302,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,531,000 | 2,808,000 | 3,772,000 | 4,489,000 |
| Income tax | 361,000 | 661,000 | 888,000 | 1,055,000 |
| Net income | 1,170,000 | 2,147,000 | 2,884,000 | 3,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,645,000 | 48,309,000 | 49,045,000 | 48,971,000 |
| Total capital | 48,995,000 | 49,646,000 | 50,407,000 | 50,341,000 |
| Risk-weighted assets | 107,911,000 | 106,816,000 | 108,855,000 | 109,396,000 |