Call reports 2011
FIRST FARMERS & MERCHANTS BANK — 2011
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 126,726,000 | 126,780,000 | 135,184,000 | 140,501,000 |
| Total loans | 91,455,000 | 88,963,000 | 86,814,000 | 90,949,000 |
| Allowance for loan losses | 144,000 | 202,000 | 340,000 | 574,000 |
| Securities available for sale | 13,614,000 | 20,765,000 | 25,187,000 | 27,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 117,000 | 134,000 | 178,000 | 174,000 |
| Total deposits | 112,736,000 | 111,500,000 | 118,872,000 | 121,968,000 |
| Interest-bearing deposits | 92,100,000 | 90,814,000 | 95,240,000 | 98,323,000 |
| Noninterest-bearing deposits | 20,637,000 | 20,686,000 | 23,632,000 | 23,646,000 |
| Equity capital | 11,815,000 | 12,971,000 | 13,969,000 | 16,345,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,747,000 | 3,691,000 | 5,538,000 | 7,885,000 |
| Interest expense | 38,000 | 125,000 | 306,000 | 277,000 |
| Net interest income | 1,709,000 | 3,566,000 | 5,232,000 | 7,608,000 |
| Noninterest income | 242,000 | 459,000 | 797,000 | 1,195,000 |
| Noninterest expense | 1,433,000 | 2,641,000 | 3,757,000 | 4,934,000 |
| Provision for loan losses | 100,000 | 160,000 | 300,000 | 525,000 |
| Pretax income | 418,000 | 1,224,000 | 1,972,000 | 3,344,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 418,000 | 1,224,000 | 1,971,000 | 3,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,625,000 | 12,587,000 | 13,452,000 | 15,528,000 |
| Total capital | 11,769,000 | 12,789,000 | 13,792,000 | 16,102,000 |
| Risk-weighted assets | 98,761,000 | 99,339,000 | 97,225,000 | 101,644,000 |