Call reports 2015
FIRST FARMERS & MERCHANTS BANK — 2015
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 264,498,000 | 264,090,000 | 269,153,000 | 274,765,000 |
| Total loans | 191,009,000 | 200,375,000 | 203,218,000 | 197,761,000 |
| Allowance for loan losses | 1,966,000 | 2,202,000 | 1,959,000 | 1,921,000 |
| Securities available for sale | 45,227,000 | 39,413,000 | 38,519,000 | 39,806,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 89,000 | 80,000 | 76,000 | 62,000 |
| Total deposits | 224,820,000 | 224,153,000 | 229,374,000 | 234,684,000 |
| Interest-bearing deposits | 180,527,000 | 180,749,000 | 184,582,000 | 187,146,000 |
| Noninterest-bearing deposits | 44,293,000 | 43,404,000 | 44,792,000 | 47,538,000 |
| Equity capital | 35,933,000 | 35,467,000 | 36,237,000 | 36,598,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,885,000 | 5,768,000 | 8,741,000 | 11,728,000 |
| Interest expense | 226,000 | 448,000 | 671,000 | 898,000 |
| Net interest income | 2,659,000 | 5,320,000 | 8,070,000 | 10,830,000 |
| Noninterest income | 543,000 | 1,149,000 | 1,759,000 | 2,313,000 |
| Noninterest expense | 2,064,000 | 4,159,000 | 6,325,000 | 8,487,000 |
| Provision for loan losses | 0 | 250,000 | 250,000 | 250,000 |
| Pretax income | 1,138,000 | 2,067,000 | 3,261,000 | 4,413,000 |
| Income tax | 1,000 | 1,000 | 3,000 | 4,000 |
| Net income | 1,137,000 | 2,066,000 | 3,258,000 | 4,409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,817,000 | 32,629,000 | 33,227,000 | 33,867,000 |
| Total capital | 34,783,000 | 34,831,000 | 35,186,000 | 35,788,000 |
| Risk-weighted assets | 213,257,000 | 219,727,000 | 222,081,000 | 216,910,000 |