Call reports 2007
FIRST FARMERS STATE BANK — 2007
What FIRST FARMERS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 119,179,000 | 122,223,000 | 123,147,000 | 127,825,000 |
| Total loans | 76,941,000 | 81,240,000 | 83,711,000 | 84,882,000 |
| Allowance for loan losses | 783,000 | 787,000 | 740,000 | 842,000 |
| Securities available for sale | 30,413,000 | 28,963,000 | 27,842,000 | 28,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,820,000 | 103,399,000 | 104,414,000 | 109,546,000 |
| Interest-bearing deposits | 93,034,000 | 93,443,000 | 94,092,000 | 98,180,000 |
| Noninterest-bearing deposits | 9,786,000 | 9,956,000 | 10,322,000 | 11,366,000 |
| Equity capital | 9,864,000 | 9,697,000 | 9,763,000 | 9,998,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,800,000 | 3,591,000 | 5,554,000 | 7,485,000 |
| Interest expense | 951,000 | 1,938,000 | 2,973,000 | 4,020,000 |
| Net interest income | 849,000 | 1,653,000 | 2,581,000 | 3,465,000 |
| Noninterest income | 327,000 | 669,000 | 1,030,000 | 1,374,000 |
| Noninterest expense | 913,000 | 1,834,000 | 2,688,000 | 3,594,000 |
| Provision for loan losses | 0 | 0 | 700,000 | 860,000 |
| Pretax income | 263,000 | 488,000 | 223,000 | 385,000 |
| Income tax | -50,000 | -47,000 | -50,000 | -48,000 |
| Net income | 313,000 | 535,000 | 273,000 | 433,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,320,000 | 9,516,000 | 9,284,000 | 9,333,000 |
| Total capital | 10,103,000 | 10,303,000 | 10,024,000 | 10,175,000 |
| Risk-weighted assets | 89,635,000 | 92,973,000 | 93,973,000 | 95,924,000 |
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