Call reports 2015
FIRST FARMERS STATE BANK — 2015
What FIRST FARMERS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 162,103,000 | 158,838,000 | 164,430,000 | 167,102,000 |
| Total loans | 82,783,000 | 86,858,000 | 89,952,000 | 96,807,000 |
| Allowance for loan losses | 839,000 | 842,000 | 834,000 | 911,000 |
| Securities available for sale | 59,724,000 | 56,618,000 | 54,486,000 | 53,672,000 |
| Securities held to maturity | 4,814,000 | 4,553,000 | 4,363,000 | 4,195,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,252,000 | 124,182,000 | 129,899,000 | 130,960,000 |
| Interest-bearing deposits | 107,536,000 | 105,225,000 | 107,903,000 | 107,093,000 |
| Noninterest-bearing deposits | 23,716,000 | 18,957,000 | 21,996,000 | 23,867,000 |
| Equity capital | 18,491,000 | 18,480,000 | 18,831,000 | 18,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,281,000 | 2,623,000 | 3,923,000 | 5,245,000 |
| Interest expense | 96,000 | 194,000 | 290,000 | 392,000 |
| Net interest income | 1,185,000 | 2,429,000 | 3,633,000 | 4,853,000 |
| Noninterest income | 245,000 | 555,000 | 869,000 | 1,142,000 |
| Noninterest expense | 1,004,000 | 1,988,000 | 3,083,000 | 4,064,000 |
| Provision for loan losses | 0 | 0 | 55,000 | 130,000 |
| Pretax income | 403,000 | 894,000 | 1,262,000 | 1,682,000 |
| Income tax | 4,000 | 8,000 | 11,000 | 16,000 |
| Net income | 399,000 | 886,000 | 1,251,000 | 1,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,227,000 | 17,515,000 | 17,679,000 | 17,399,000 |
| Total capital | 18,066,000 | 18,357,000 | 18,513,000 | 18,310,000 |
| Risk-weighted assets | 86,029,000 | 86,778,000 | 90,934,000 | 95,984,000 |