Call reports 2013
FIRST FARMERS & MERCHANTS BANK — 2013
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 153,121,000 | 159,574,000 | 271,649,000 | 267,917,000 |
| Total loans | 94,099,000 | 96,989,000 | 175,243,000 | 181,517,000 |
| Allowance for loan losses | 773,000 | 773,000 | 1,689,000 | 1,735,000 |
| Securities available for sale | 35,197,000 | 32,595,000 | 53,332,000 | 51,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 162,000 | 136,000 | 132,000 | 120,000 |
| Total deposits | 133,786,000 | 139,554,000 | 235,927,000 | 231,338,000 |
| Interest-bearing deposits | 109,181,000 | 109,271,000 | 189,054,000 | 184,755,000 |
| Noninterest-bearing deposits | 24,605,000 | 30,283,000 | 46,873,000 | 46,583,000 |
| Equity capital | 17,650,000 | 16,945,000 | 31,498,000 | 32,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,687,000 | 3,422,000 | 8,626,000 | 11,581,000 |
| Interest expense | 200,000 | 387,000 | 926,000 | 1,215,000 |
| Net interest income | 1,487,000 | 3,035,000 | 7,700,000 | 10,366,000 |
| Noninterest income | 392,000 | 832,000 | 1,940,000 | 2,542,000 |
| Noninterest expense | 1,210,000 | 2,454,000 | 6,192,000 | 8,182,000 |
| Provision for loan losses | 0 | 0 | 795,000 | 845,000 |
| Pretax income | 669,000 | 1,413,000 | 2,653,000 | 3,881,000 |
| Income tax | 0 | 1,000 | 2,000 | 4,000 |
| Net income | 669,000 | 1,412,000 | 2,651,000 | 3,877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,975,000 | 16,967,000 | 28,521,000 | 29,342,000 |
| Total capital | 17,748,000 | 17,740,000 | 30,210,000 | 31,077,000 |
| Risk-weighted assets | 110,103,000 | 113,105,000 | 198,662,000 | 204,441,000 |