Call reports 2010
FIRST AND FARMERS BANK, THE — 2010
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 43,490,000 | 42,875,000 | 42,425,000 | 44,716,000 |
| Total loans | 32,813,000 | 33,372,000 | 33,876,000 | 32,801,000 |
| Allowance for loan losses | 595,000 | 444,000 | 458,000 | 499,000 |
| Securities available for sale | 3,633,000 | 3,653,000 | 3,487,000 | 3,237,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,879,000 | 39,217,000 | 38,784,000 | 41,068,000 |
| Interest-bearing deposits | 32,980,000 | 33,420,000 | 32,010,000 | 33,119,000 |
| Noninterest-bearing deposits | 6,899,000 | 5,797,000 | 6,774,000 | 7,949,000 |
| Equity capital | 3,487,000 | 3,524,000 | 3,505,000 | 3,481,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 571,000 | 1,079,000 | 1,647,000 | 2,191,000 |
| Interest expense | 130,000 | 262,000 | 394,000 | 520,000 |
| Net interest income | 441,000 | 817,000 | 1,253,000 | 1,671,000 |
| Noninterest income | 52,000 | 107,000 | 156,000 | 210,000 |
| Noninterest expense | 362,000 | 750,000 | 1,151,000 | 1,571,000 |
| Provision for loan losses | 18,000 | 82,000 | 100,000 | 188,000 |
| Pretax income | 113,000 | 92,000 | 158,000 | 122,000 |
| Income tax | -68,000 | -68,000 | -68,000 | -68,000 |
| Net income | 181,000 | 160,000 | 226,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,491,000 | 3,470,000 | 3,536,000 | 3,500,000 |
| Total capital | 3,860,000 | 3,836,000 | 3,908,000 | 3,864,000 |
| Risk-weighted assets | 29,317,000 | 29,231,000 | 29,712,000 | 29,016,000 |