Call reports 2018
FIRST AND FARMERS BANK, THE — 2018
What FIRST AND FARMERS BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 55,712,000 | 53,689,000 | 54,389,000 | 58,190,000 |
| Total loans | 34,393,000 | 37,784,000 | 39,253,000 | 39,565,000 |
| Allowance for loan losses | 54,000 | 106,000 | 164,000 | 213,000 |
| Securities available for sale | 10,748,000 | 10,255,000 | 9,713,000 | 9,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,071,000 | 45,638,000 | 43,750,000 | 50,004,000 |
| Interest-bearing deposits | 40,108,000 | 37,537,000 | 36,484,000 | 40,585,000 |
| Noninterest-bearing deposits | 7,963,000 | 8,101,000 | 7,266,000 | 9,419,000 |
| Equity capital | 6,898,000 | 6,877,000 | 6,864,000 | 6,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 534,000 | 1,073,000 | 1,651,000 | 2,246,000 |
| Interest expense | 41,000 | 84,000 | 144,000 | 208,000 |
| Net interest income | 493,000 | 989,000 | 1,507,000 | 2,038,000 |
| Noninterest income | 50,000 | 97,000 | 132,000 | 181,000 |
| Noninterest expense | 426,000 | 892,000 | 1,300,000 | 1,753,000 |
| Provision for loan losses | 50,000 | 100,000 | 155,000 | 205,000 |
| Pretax income | 67,000 | 94,000 | 184,000 | 261,000 |
| Income tax | 41,000 | 83,000 | 135,000 | 150,000 |
| Net income | 26,000 | 11,000 | 49,000 | 111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,058,000 | 5,092,000 | 5,182,000 | 5,295,000 |
| Total capital | 5,115,000 | 5,200,000 | 5,348,000 | 5,510,000 |
| Risk-weighted assets | 40,405,000 | 40,975,000 | 41,602,000 | 42,901,000 |