Call reports 2010
FIRST FARMERS STATE BANK — 2010
What FIRST FARMERS STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 135,956,000 | 137,096,000 | 137,098,000 | 138,873,000 |
| Total loans | 76,708,000 | 72,722,000 | 72,703,000 | 75,641,000 |
| Allowance for loan losses | 1,120,000 | 1,120,000 | 1,108,000 | 1,101,000 |
| Securities available for sale | 26,952,000 | 32,893,000 | 38,356,000 | 40,173,000 |
| Securities held to maturity | 9,431,000 | 9,090,000 | 8,749,000 | 8,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,239,000 | 111,592,000 | 112,535,000 | 111,765,000 |
| Interest-bearing deposits | 98,426,000 | 99,457,000 | 99,945,000 | 97,686,000 |
| Noninterest-bearing deposits | 12,813,000 | 12,135,000 | 12,590,000 | 14,079,000 |
| Equity capital | 13,296,000 | 13,879,000 | 14,390,000 | 14,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,654,000 | 3,276,000 | 4,925,000 | 6,598,000 |
| Interest expense | 484,000 | 952,000 | 1,399,000 | 1,820,000 |
| Net interest income | 1,170,000 | 2,324,000 | 3,526,000 | 4,778,000 |
| Noninterest income | 226,000 | 547,000 | 699,000 | 1,063,000 |
| Noninterest expense | 1,041,000 | 2,020,000 | 3,058,000 | 4,033,000 |
| Provision for loan losses | 185,000 | 185,000 | 185,000 | 185,000 |
| Pretax income | 181,000 | 542,000 | 733,000 | 1,335,000 |
| Income tax | 2,000 | 6,000 | 8,000 | 14,000 |
| Net income | 179,000 | 536,000 | 725,000 | 1,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,241,000 | 13,621,000 | 13,768,000 | 14,316,000 |
| Total capital | 14,361,000 | 14,741,000 | 14,876,000 | 15,417,000 |
| Risk-weighted assets | 93,984,000 | 89,659,000 | 88,634,000 | 91,391,000 |