Call reports 2018
FIRST FARMERS & MERCHANTS BANK — 2018
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 292,939,000 | 304,090,000 | 310,017,000 | 323,576,000 |
| Total loans | 226,474,000 | 230,972,000 | 230,604,000 | 227,277,000 |
| Allowance for loan losses | 2,192,000 | 2,246,000 | 2,247,000 | 2,300,000 |
| Securities available for sale | 36,042,000 | 35,999,000 | 38,865,000 | 44,677,000 |
| Securities held to maturity | 69,000 | 69,000 | 66,000 | 66,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,551,000 | 259,146,000 | 264,460,000 | 276,923,000 |
| Interest-bearing deposits | 200,246,000 | 207,339,000 | 210,539,000 | 223,447,000 |
| Noninterest-bearing deposits | 48,305,000 | 51,807,000 | 53,921,000 | 53,476,000 |
| Equity capital | 41,360,000 | 41,389,000 | 42,285,000 | 43,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,248,000 | 6,707,000 | 10,319,000 | 13,973,000 |
| Interest expense | 220,000 | 447,000 | 703,000 | 993,000 |
| Net interest income | 3,028,000 | 6,260,000 | 9,616,000 | 12,980,000 |
| Noninterest income | 467,000 | 1,005,000 | 1,571,000 | 2,088,000 |
| Noninterest expense | 2,036,000 | 4,140,000 | 6,292,000 | 8,484,000 |
| Provision for loan losses | 50,000 | 100,000 | 100,000 | 150,000 |
| Pretax income | 1,408,000 | 3,024,000 | 4,794,000 | 6,433,000 |
| Income tax | 0 | 2,000 | 2,000 | 4,000 |
| Net income | 1,408,000 | 3,022,000 | 4,792,000 | 6,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,622,000 | 39,689,000 | 40,673,000 | 41,461,000 |
| Total capital | 41,814,000 | 41,935,000 | 42,920,000 | 43,761,000 |
| Risk-weighted assets | 234,030,000 | 246,677,000 | 247,364,000 | 255,704,000 |