Call reports 2017
FIRST FARMERS & MERCHANTS BANK — 2017
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 285,229,000 | 287,726,000 | 293,782,000 | 297,892,000 |
| Total loans | 211,263,000 | 211,820,000 | 215,664,000 | 222,275,000 |
| Allowance for loan losses | 2,031,000 | 2,022,000 | 2,075,000 | 2,143,000 |
| Securities available for sale | 38,184,000 | 35,858,000 | 38,420,000 | 37,419,000 |
| Securities held to maturity | 0 | 0 | 69,000 | 69,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,506,000 | 245,177,000 | 250,337,000 | 254,479,000 |
| Interest-bearing deposits | 194,847,000 | 197,437,000 | 199,264,000 | 200,876,000 |
| Noninterest-bearing deposits | 47,659,000 | 47,740,000 | 51,073,000 | 53,603,000 |
| Equity capital | 39,432,000 | 39,555,000 | 40,172,000 | 40,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,963,000 | 6,006,000 | 9,321,000 | 12,533,000 |
| Interest expense | 221,000 | 444,000 | 673,000 | 901,000 |
| Net interest income | 2,742,000 | 5,562,000 | 8,648,000 | 11,632,000 |
| Noninterest income | 610,000 | 1,254,000 | 1,955,000 | 2,421,000 |
| Noninterest expense | 2,231,000 | 4,468,000 | 6,676,000 | 8,838,000 |
| Provision for loan losses | 0 | 30,000 | 75,000 | 200,000 |
| Pretax income | 1,121,000 | 2,318,000 | 3,852,000 | 5,015,000 |
| Income tax | 0 | 2,000 | 2,000 | 4,000 |
| Net income | 1,121,000 | 2,316,000 | 3,850,000 | 5,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,119,000 | 37,074,000 | 37,759,000 | 38,214,000 |
| Total capital | 39,150,000 | 39,096,000 | 39,834,000 | 40,357,000 |
| Risk-weighted assets | 227,303,000 | 226,145,000 | 230,340,000 | 237,246,000 |