Call reports 2021
FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA — 2021
What FARMERS AND MERCHANTS BANK OF SOUTH CAROLINA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 413,277,000 | 371,840,000 | 383,539,000 | 493,821,000 |
| Total loans | 98,224,000 | 91,932,000 | 88,719,000 | 90,066,000 |
| Allowance for loan losses | 1,479,000 | 1,515,000 | 1,503,000 | 1,482,000 |
| Securities available for sale | 120,096,000 | 129,691,000 | 132,316,000 | 135,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,699,000 | 324,018,000 | 334,653,000 | 446,382,000 |
| Interest-bearing deposits | 213,485,000 | 217,698,000 | 220,599,000 | 345,144,000 |
| Noninterest-bearing deposits | 152,214,000 | 106,320,000 | 114,054,000 | 101,238,000 |
| Equity capital | 46,411,000 | 46,564,000 | 47,518,000 | 46,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,682,000 | 3,553,000 | 5,269,000 | 6,983,000 |
| Interest expense | 104,000 | 190,000 | 271,000 | 352,000 |
| Net interest income | 1,578,000 | 3,363,000 | 4,998,000 | 6,631,000 |
| Noninterest income | 608,000 | 1,115,000 | 1,746,000 | 2,319,000 |
| Noninterest expense | 1,883,000 | 3,979,000 | 5,477,000 | 6,901,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 303,000 | 499,000 | 1,267,000 | 2,049,000 |
| Income tax | 63,000 | 101,000 | 276,000 | 404,000 |
| Net income | 240,000 | 398,000 | 991,000 | 1,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,162,000 | 48,108,000 | 48,701,000 | 48,854,000 |
| Total capital | 50,641,000 | 49,542,000 | 50,146,000 | 50,337,000 |
| Risk-weighted assets | 119,398,000 | 114,661,000 | 115,563,000 | 120,466,000 |