Call reports 2016
FIRST FARMERS & MERCHANTS BANK — 2016
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 274,671,000 | 276,902,000 | 277,599,000 | 290,910,000 |
| Total loans | 199,401,000 | 201,713,000 | 210,794,000 | 210,370,000 |
| Allowance for loan losses | 1,989,000 | 1,897,000 | 1,957,000 | 2,027,000 |
| Securities available for sale | 40,698,000 | 37,579,000 | 34,794,000 | 37,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 62,000 | 52,000 | 40,000 | 0 |
| Total deposits | 233,553,000 | 236,102,000 | 236,273,000 | 249,369,000 |
| Interest-bearing deposits | 189,591,000 | 193,164,000 | 190,896,000 | 198,006,000 |
| Noninterest-bearing deposits | 43,962,000 | 42,938,000 | 45,377,000 | 51,363,000 |
| Equity capital | 37,676,000 | 37,757,000 | 38,140,000 | 38,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,845,000 | 5,766,000 | 8,739,000 | 11,742,000 |
| Interest expense | 222,000 | 446,000 | 676,000 | 906,000 |
| Net interest income | 2,623,000 | 5,320,000 | 8,063,000 | 10,836,000 |
| Noninterest income | 550,000 | 1,233,000 | 1,938,000 | 2,816,000 |
| Noninterest expense | 2,179,000 | 4,432,000 | 6,716,000 | 8,915,000 |
| Provision for loan losses | 75,000 | 75,000 | 125,000 | 475,000 |
| Pretax income | 919,000 | 2,046,000 | 3,160,000 | 4,262,000 |
| Income tax | 0 | 2,000 | 3,000 | 4,000 |
| Net income | 919,000 | 2,044,000 | 3,157,000 | 4,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,778,000 | 34,791,000 | 35,217,000 | 35,992,000 |
| Total capital | 36,767,000 | 36,688,000 | 37,174,000 | 38,019,000 |
| Risk-weighted assets | 215,572,000 | 221,291,000 | 229,009,000 | 228,655,000 |