Call reports 2008
FIRST FARMERS & MERCHANTS BANK — 2008
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 148,214,000 | 153,386,000 | 150,925,000 | 151,486,000 |
| Total loans | 118,516,000 | 122,811,000 | 120,722,000 | 119,501,000 |
| Allowance for loan losses | 1,204,000 | 1,216,000 | 1,281,000 | 1,312,000 |
| Securities available for sale | 1,410,000 | 19,943,000 | 17,848,000 | 17,617,000 |
| Securities held to maturity | 18,548,000 | 197,000 | 186,000 | 186,000 |
| Trading assets | 71,000 | 40,000 | 70,000 | 184,000 |
| Total deposits | 118,415,000 | 122,605,000 | 124,411,000 | 121,212,000 |
| Interest-bearing deposits | 102,477,000 | 104,281,000 | 105,244,000 | 100,540,000 |
| Noninterest-bearing deposits | 15,938,000 | 18,324,000 | 19,167,000 | 20,672,000 |
| Equity capital | 12,624,000 | 11,680,000 | 12,457,000 | 12,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,498,000 | 4,897,000 | 7,253,000 | 9,332,000 |
| Interest expense | 1,024,000 | 1,925,000 | 2,743,000 | 3,480,000 |
| Net interest income | 1,474,000 | 2,972,000 | 4,510,000 | 5,852,000 |
| Noninterest income | 292,000 | 591,000 | 940,000 | 1,238,000 |
| Noninterest expense | 1,251,000 | 2,463,000 | 3,705,000 | 4,913,000 |
| Provision for loan losses | 15,000 | 30,000 | 105,000 | 180,000 |
| Pretax income | 500,000 | 1,086,000 | 1,656,000 | 2,013,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 500,000 | 1,084,000 | 1,654,000 | 2,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,606,000 | 11,931,000 | 12,501,000 | 12,624,000 |
| Total capital | 13,810,000 | 13,147,000 | 13,782,000 | 13,936,000 |
| Risk-weighted assets | 123,700,000 | 128,847,000 | 127,085,000 | 128,058,000 |
Machine access — free, no API key
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