Call reports 2017
FIRST AND FARMERS BANK, THE — 2017
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 56,484,000 | 50,784,000 | 49,916,000 | 58,068,000 |
| Total loans | 32,571,000 | 34,588,000 | 34,119,000 | 37,334,000 |
| Allowance for loan losses | 494,000 | 511,000 | 513,000 | 4,000 |
| Securities available for sale | 13,089,000 | 12,792,000 | 12,122,000 | 11,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,749,000 | 45,510,000 | 44,220,000 | 49,924,000 |
| Interest-bearing deposits | 42,970,000 | 37,617,000 | 37,172,000 | 38,803,000 |
| Noninterest-bearing deposits | 8,779,000 | 7,893,000 | 7,048,000 | 11,121,000 |
| Equity capital | 4,210,000 | 4,121,000 | 4,199,000 | 6,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 494,000 | 986,000 | 1,492,000 | 258,000 |
| Interest expense | 44,000 | 83,000 | 121,000 | 20,000 |
| Net interest income | 450,000 | 903,000 | 1,371,000 | 238,000 |
| Noninterest income | 38,000 | 85,000 | 131,000 | 28,000 |
| Noninterest expense | 387,000 | 813,000 | 1,184,000 | 183,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 101,000 | 175,000 | 318,000 | 83,000 |
| Income tax | 0 | 0 | 52,000 | 0 |
| Net income | 101,000 | 175,000 | 266,000 | 83,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,086,000 | 3,950,000 | 4,041,000 | 5,291,000 |
| Total capital | 4,566,000 | 4,427,000 | 4,503,000 | 5,297,000 |
| Risk-weighted assets | 38,278,000 | 37,975,000 | 36,778,000 | 43,545,000 |