Call reports 2016
FIRST AND FARMERS BANK, THE — 2016
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 53,146,000 | 55,778,000 | 53,830,000 | 56,370,000 |
| Total loans | 34,624,000 | 36,825,000 | 36,436,000 | 35,814,000 |
| Allowance for loan losses | 461,000 | 507,000 | 509,000 | 502,000 |
| Securities available for sale | 14,684,000 | 15,614,000 | 14,200,000 | 13,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,207,000 | 47,800,000 | 46,924,000 | 51,715,000 |
| Interest-bearing deposits | 38,875,000 | 37,923,000 | 36,360,000 | 42,461,000 |
| Noninterest-bearing deposits | 9,332,000 | 9,877,000 | 10,564,000 | 9,254,000 |
| Equity capital | 4,245,000 | 4,376,000 | 4,424,000 | 4,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 500,000 | 1,006,000 | 1,533,000 | 2,014,000 |
| Interest expense | 42,000 | 87,000 | 137,000 | 179,000 |
| Net interest income | 458,000 | 919,000 | 1,396,000 | 1,835,000 |
| Noninterest income | 54,000 | 103,000 | 155,000 | 211,000 |
| Noninterest expense | 381,000 | 802,000 | 1,183,000 | 1,684,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 131,000 | 220,000 | 368,000 | 362,000 |
| Income tax | 22,000 | 45,000 | 118,000 | 116,000 |
| Net income | 109,000 | 175,000 | 250,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,049,000 | 4,115,000 | 4,190,000 | 3,985,000 |
| Total capital | 4,510,000 | 4,601,000 | 4,699,000 | 4,488,000 |
| Risk-weighted assets | 37,785,000 | 38,873,000 | 40,634,000 | 40,405,000 |