Call reports 2009
FIRST FARMERS STATE BANK — 2009
What FIRST FARMERS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 130,870,000 | 129,888,000 | 134,603,000 | 135,418,000 |
| Total loans | 82,372,000 | 79,342,000 | 81,413,000 | 82,899,000 |
| Allowance for loan losses | 859,000 | 845,000 | 850,000 | 936,000 |
| Securities available for sale | 16,068,000 | 21,870,000 | 25,609,000 | 28,827,000 |
| Securities held to maturity | 11,841,000 | 11,420,000 | 10,127,000 | 9,768,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,421,000 | 101,673,000 | 103,864,000 | 105,307,000 |
| Interest-bearing deposits | 93,641,000 | 89,586,000 | 91,583,000 | 89,934,000 |
| Noninterest-bearing deposits | 10,780,000 | 12,087,000 | 12,281,000 | 15,373,000 |
| Equity capital | 13,048,000 | 13,153,000 | 13,015,000 | 12,944,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,673,000 | 3,380,000 | 5,160,000 | 6,924,000 |
| Interest expense | 655,000 | 1,216,000 | 1,772,000 | 2,295,000 |
| Net interest income | 1,018,000 | 2,164,000 | 3,388,000 | 4,629,000 |
| Noninterest income | 246,000 | 600,000 | 834,000 | 1,100,000 |
| Noninterest expense | 896,000 | 1,974,000 | 2,982,000 | 3,876,000 |
| Provision for loan losses | 316,000 | 526,000 | 576,000 | 886,000 |
| Pretax income | 52,000 | 264,000 | 516,000 | 726,000 |
| Income tax | 1,000 | 3,000 | 5,000 | 8,000 |
| Net income | 51,000 | 261,000 | 511,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,294,000 | 12,533,000 | 12,812,000 | 13,048,000 |
| Total capital | 13,153,000 | 13,377,000 | 13,662,000 | 13,984,000 |
| Risk-weighted assets | 100,952,000 | 99,775,000 | 102,799,000 | 103,260,000 |