Call reports 2011
FIRST FARMERS STATE BANK — 2011
What FIRST FARMERS STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 153,097,000 | 149,910,000 | 149,353,000 | 150,016,000 |
| Total loans | 71,623,000 | 75,876,000 | 78,194,000 | 79,399,000 |
| Allowance for loan losses | 1,103,000 | 1,104,000 | 1,107,000 | 1,070,000 |
| Securities available for sale | 48,586,000 | 49,661,000 | 48,557,000 | 45,717,000 |
| Securities held to maturity | 8,210,000 | 8,007,000 | 7,922,000 | 7,799,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,584,000 | 122,658,000 | 119,732,000 | 119,505,000 |
| Interest-bearing deposits | 111,878,000 | 108,623,000 | 104,756,000 | 101,810,000 |
| Noninterest-bearing deposits | 15,706,000 | 14,035,000 | 14,976,000 | 17,695,000 |
| Equity capital | 14,366,000 | 15,312,000 | 16,443,000 | 17,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,569,000 | 3,221,000 | 4,912,000 | 6,578,000 |
| Interest expense | 383,000 | 740,000 | 1,025,000 | 1,257,000 |
| Net interest income | 1,186,000 | 2,481,000 | 3,887,000 | 5,321,000 |
| Noninterest income | 291,000 | 563,000 | 863,000 | 1,135,000 |
| Noninterest expense | 1,083,000 | 2,095,000 | 3,130,000 | 4,086,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 394,000 | 906,000 | 1,577,000 | 2,247,000 |
| Income tax | 4,000 | 9,000 | 16,000 | 22,000 |
| Net income | 390,000 | 897,000 | 1,561,000 | 2,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,112,000 | 14,590,000 | 15,000,000 | 15,594,000 |
| Total capital | 15,197,000 | 15,694,000 | 16,107,000 | 16,664,000 |
| Risk-weighted assets | 86,852,000 | 90,536,000 | 92,515,000 | 93,653,000 |