Call reports 2014
FIRST FARMERS STATE BANK — 2014
What FIRST FARMERS STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 160,218,000 | 158,819,000 | 162,293,000 | 170,245,000 |
| Total loans | 73,877,000 | 77,029,000 | 82,140,000 | 86,987,000 |
| Allowance for loan losses | 845,000 | 864,000 | 848,000 | 771,000 |
| Securities available for sale | 65,847,000 | 65,367,000 | 63,683,000 | 61,675,000 |
| Securities held to maturity | 5,571,000 | 5,429,000 | 5,224,000 | 5,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,291,000 | 130,832,000 | 129,802,000 | 135,160,000 |
| Interest-bearing deposits | 114,127,000 | 110,965,000 | 110,277,000 | 110,779,000 |
| Noninterest-bearing deposits | 23,164,000 | 19,867,000 | 19,525,000 | 24,381,000 |
| Equity capital | 17,182,000 | 17,722,000 | 18,176,000 | 18,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,236,000 | 2,559,000 | 3,920,000 | 5,252,000 |
| Interest expense | 105,000 | 205,000 | 305,000 | 404,000 |
| Net interest income | 1,131,000 | 2,354,000 | 3,615,000 | 4,848,000 |
| Noninterest income | 229,000 | 498,000 | 831,000 | 1,340,000 |
| Noninterest expense | 1,017,000 | 2,031,000 | 3,087,000 | 4,084,000 |
| Provision for loan losses | 140,000 | 140,000 | 140,000 | 240,000 |
| Pretax income | 203,000 | 651,000 | 1,142,000 | 1,757,000 |
| Income tax | 2,000 | 6,000 | 11,000 | 16,000 |
| Net income | 201,000 | 645,000 | 1,131,000 | 1,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,671,000 | 16,875,000 | 17,118,000 | 17,018,000 |
| Total capital | 17,516,000 | 17,739,000 | 17,966,000 | 17,789,000 |
| Risk-weighted assets | 78,897,000 | 80,170,000 | 85,353,000 | 89,571,000 |