Call reports 2021
FIRST FARMERS & MERCHANTS BANK — 2021
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 436,001,000 | 440,998,000 | 450,537,000 | 458,167,000 |
| Total loans | 235,240,000 | 236,440,000 | 232,371,000 | 237,735,000 |
| Allowance for loan losses | 3,446,000 | 2,978,000 | 2,981,000 | 3,008,000 |
| Securities available for sale | 108,069,000 | 136,359,000 | 157,552,000 | 162,398,000 |
| Securities held to maturity | 389,000 | 889,000 | 889,000 | 889,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,090,000 | 387,553,000 | 395,929,000 | 404,164,000 |
| Interest-bearing deposits | 310,660,000 | 315,801,000 | 317,790,000 | 320,056,000 |
| Noninterest-bearing deposits | 73,429,000 | 71,752,000 | 78,139,000 | 84,108,000 |
| Equity capital | 49,881,000 | 51,362,000 | 52,610,000 | 51,984,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,556,000 | 7,564,000 | 11,368,000 | 14,679,000 |
| Interest expense | 232,000 | 460,000 | 676,000 | 884,000 |
| Net interest income | 3,324,000 | 7,104,000 | 10,692,000 | 13,795,000 |
| Noninterest income | 905,000 | 1,723,000 | 2,517,000 | 3,304,000 |
| Noninterest expense | 2,248,000 | 4,609,000 | 6,891,000 | 9,191,000 |
| Provision for loan losses | 100,000 | 225,000 | 225,000 | 250,000 |
| Pretax income | 1,881,000 | 3,993,000 | 6,093,000 | 7,909,000 |
| Income tax | 2,000 | 2,000 | 3,000 | 4,000 |
| Net income | 1,879,000 | 3,991,000 | 6,090,000 | 7,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,725,000 | 49,019,000 | 50,032,000 | 51,279,000 |
| Total capital | 51,017,000 | 51,997,000 | 53,013,000 | 54,287,000 |
| Risk-weighted assets | 263,188,000 | 272,687,000 | 281,171,000 | 303,750,000 |