Call reports 2008
FIRST AND FARMERS BANK, THE — 2008
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 51,231,000 | 50,041,000 | 47,161,000 | 63,146,000 |
| Total loans | 37,034,000 | 38,542,000 | 38,925,000 | 38,425,000 |
| Allowance for loan losses | 491,000 | 551,000 | 793,000 | 546,000 |
| Securities available for sale | 4,680,000 | 4,115,000 | 3,947,000 | 5,106,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,453,000 | 44,273,000 | 40,944,000 | 57,503,000 |
| Interest-bearing deposits | 40,847,000 | 40,739,000 | 35,979,000 | 39,857,000 |
| Noninterest-bearing deposits | 4,606,000 | 3,534,000 | 4,965,000 | 17,646,000 |
| Equity capital | 3,558,000 | 3,565,000 | 3,411,000 | 3,544,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 792,000 | 1,517,000 | 2,215,000 | 2,888,000 |
| Interest expense | 401,000 | 719,000 | 990,000 | 1,252,000 |
| Net interest income | 391,000 | 798,000 | 1,225,000 | 1,636,000 |
| Noninterest income | 79,000 | 162,000 | 262,000 | 343,000 |
| Noninterest expense | 445,000 | 837,000 | 1,214,000 | 1,600,000 |
| Provision for loan losses | 19,000 | 79,000 | 373,000 | 373,000 |
| Pretax income | 6,000 | 44,000 | -100,000 | 6,000 |
| Income tax | 0 | 2,000 | 3,000 | -5,000 |
| Net income | 6,000 | 42,000 | -103,000 | 11,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,538,000 | 3,575,000 | 3,430,000 | 3,543,000 |
| Total capital | 4,010,000 | 4,043,000 | 3,895,000 | 4,033,000 |
| Risk-weighted assets | 37,766,000 | 37,369,000 | 36,847,000 | 39,149,000 |