Call reports 2022
FIRST FARMERS & MERCHANTS BANK — 2022
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 447,074,000 | 461,714,000 | 452,201,000 | 462,251,000 |
| Total loans | 244,892,000 | 253,369,000 | 270,855,000 | 273,157,000 |
| Allowance for loan losses | 3,015,000 | 3,017,000 | 3,019,000 | 2,871,000 |
| Securities available for sale | 161,787,000 | 160,072,000 | 155,510,000 | 155,236,000 |
| Securities held to maturity | 717,000 | 690,000 | 643,000 | 1,460,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 398,873,000 | 416,356,000 | 407,035,000 | 425,097,000 |
| Interest-bearing deposits | 319,621,000 | 334,692,000 | 324,310,000 | 342,449,000 |
| Noninterest-bearing deposits | 79,252,000 | 81,664,000 | 82,725,000 | 82,648,000 |
| Equity capital | 46,361,000 | 43,600,000 | 22,623,000 | 25,220,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,203,000 | 6,991,000 | 10,765,000 | 15,275,000 |
| Interest expense | 173,000 | 343,000 | 602,000 | 1,176,000 |
| Net interest income | 3,030,000 | 6,648,000 | 10,163,000 | 14,099,000 |
| Noninterest income | 501,000 | 1,151,000 | 1,577,000 | 2,056,000 |
| Noninterest expense | 2,187,000 | 4,534,000 | 6,838,000 | 9,261,000 |
| Provision for loan losses | 0 | 0 | 0 | -150,000 |
| Pretax income | 1,344,000 | 3,265,000 | 4,902,000 | 7,044,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,344,000 | 3,265,000 | 4,902,000 | 7,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,122,000 | 53,010,000 | 36,541,000 | 38,358,000 |
| Total capital | 55,137,000 | 56,027,000 | 39,560,000 | 41,229,000 |
| Risk-weighted assets | 309,763,000 | 306,792,000 | 323,415,000 | 326,542,000 |