Call reports 2011
FIRST AND FARMERS BANK, THE — 2011
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 50,007,000 | 45,218,000 | 46,748,000 | 47,843,000 |
| Total loans | 29,667,000 | 33,532,000 | 32,398,000 | 32,919,000 |
| Allowance for loan losses | 521,000 | 538,000 | 570,000 | 425,000 |
| Securities available for sale | 6,686,000 | 7,907,000 | 7,126,000 | 10,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,237,000 | 41,394,000 | 42,788,000 | 43,332,000 |
| Interest-bearing deposits | 35,987,000 | 34,539,000 | 34,409,000 | 33,964,000 |
| Noninterest-bearing deposits | 10,250,000 | 6,855,000 | 8,379,000 | 9,368,000 |
| Equity capital | 3,649,000 | 3,711,000 | 3,834,000 | 3,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 496,000 | 1,014,000 | 1,572,000 | 2,140,000 |
| Interest expense | 117,000 | 231,000 | 347,000 | 456,000 |
| Net interest income | 379,000 | 783,000 | 1,225,000 | 1,684,000 |
| Noninterest income | 64,000 | 125,000 | 190,000 | 268,000 |
| Noninterest expense | 370,000 | 713,000 | 1,076,000 | 1,461,000 |
| Provision for loan losses | 9,000 | 18,000 | 37,000 | 146,000 |
| Pretax income | 64,000 | 177,000 | 302,000 | 345,000 |
| Income tax | 0 | 0 | 0 | 18,000 |
| Net income | 64,000 | 177,000 | 302,000 | 327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,564,000 | 3,577,000 | 3,702,000 | 3,727,000 |
| Total capital | 3,904,000 | 3,948,000 | 4,047,000 | 4,100,000 |
| Risk-weighted assets | 26,932,000 | 29,502,000 | 27,408,000 | 29,786,000 |