Call reports 2013
FIRST FARMERS STATE BANK — 2013
What FIRST FARMERS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 162,475,000 | 154,244,000 | 158,249,000 | 164,693,000 |
| Total loans | 75,119,000 | 75,612,000 | 76,755,000 | 79,312,000 |
| Allowance for loan losses | 1,131,000 | 1,074,000 | 1,046,000 | 711,000 |
| Securities available for sale | 58,004,000 | 56,722,000 | 60,324,000 | 63,959,000 |
| Securities held to maturity | 6,553,000 | 6,211,000 | 5,942,000 | 5,762,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,639,000 | 133,860,000 | 136,314,000 | 138,118,000 |
| Interest-bearing deposits | 117,208,000 | 114,980,000 | 116,414,000 | 115,663,000 |
| Noninterest-bearing deposits | 21,431,000 | 18,880,000 | 19,900,000 | 22,455,000 |
| Equity capital | 17,475,000 | 17,388,000 | 17,173,000 | 16,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,391,000 | 2,764,000 | 4,114,000 | 5,412,000 |
| Interest expense | 155,000 | 290,000 | 422,000 | 539,000 |
| Net interest income | 1,236,000 | 2,474,000 | 3,692,000 | 4,873,000 |
| Noninterest income | 255,000 | 572,000 | 812,000 | 1,100,000 |
| Noninterest expense | 1,032,000 | 2,065,000 | 3,174,000 | 4,078,000 |
| Provision for loan losses | 0 | 0 | 0 | 315,000 |
| Pretax income | 267,000 | 880,000 | 1,229,000 | 1,479,000 |
| Income tax | 3,000 | 8,000 | 12,000 | 14,000 |
| Net income | 264,000 | 872,000 | 1,217,000 | 1,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,933,000 | 16,431,000 | 16,716,000 | 16,504,000 |
| Total capital | 16,977,000 | 17,467,000 | 17,753,000 | 17,215,000 |
| Risk-weighted assets | 83,441,000 | 82,848,000 | 82,982,000 | 85,979,000 |