Call reports 2014
FIRST AND FARMERS BANK, THE — 2014
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 53,934,000 | 54,352,000 | 57,406,000 | 54,994,000 |
| Total loans | 34,434,000 | 35,560,000 | 39,568,000 | 37,089,000 |
| Allowance for loan losses | 464,000 | 472,000 | 474,000 | 480,000 |
| Securities available for sale | 14,566,000 | 14,397,000 | 13,869,000 | 13,703,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,131,000 | 50,541,000 | 50,389,000 | 50,897,000 |
| Interest-bearing deposits | 40,135,000 | 43,127,000 | 40,578,000 | 40,111,000 |
| Noninterest-bearing deposits | 9,996,000 | 7,414,000 | 9,811,000 | 10,786,000 |
| Equity capital | 3,710,000 | 3,727,000 | 3,772,000 | 3,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 496,000 | 988,000 | 1,519,000 | 2,060,000 |
| Interest expense | 83,000 | 159,000 | 237,000 | 306,000 |
| Net interest income | 413,000 | 829,000 | 1,282,000 | 1,754,000 |
| Noninterest income | 39,000 | 89,000 | 147,000 | 210,000 |
| Noninterest expense | 394,000 | 768,000 | 1,160,000 | 1,582,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 58,000 | 150,000 | 269,000 | 382,000 |
| Income tax | 8,000 | 32,000 | 76,000 | 103,000 |
| Net income | 50,000 | 118,000 | 193,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,710,000 | 3,678,000 | 3,731,000 | 3,816,000 |
| Total capital | 4,153,000 | 4,143,000 | 4,205,000 | 4,296,000 |
| Risk-weighted assets | 35,404,000 | 37,153,000 | 41,067,000 | 39,536,000 |