Call reports 2016
FIRST FARMERS STATE BANK — 2016
What FIRST FARMERS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 165,587,000 | 166,935,000 | 171,078,000 | 169,490,000 |
| Total loans | 96,967,000 | 101,194,000 | 107,525,000 | 107,846,000 |
| Allowance for loan losses | 922,000 | 924,000 | 905,000 | 896,000 |
| Securities available for sale | 51,926,000 | 51,305,000 | 49,070,000 | 46,040,000 |
| Securities held to maturity | 4,018,000 | 3,807,000 | 3,671,000 | 3,447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,369,000 | 129,176,000 | 129,329,000 | 128,055,000 |
| Interest-bearing deposits | 108,132,000 | 107,762,000 | 107,723,000 | 103,956,000 |
| Noninterest-bearing deposits | 22,237,000 | 21,414,000 | 21,606,000 | 24,099,000 |
| Equity capital | 18,707,000 | 19,148,000 | 19,334,000 | 18,931,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,444,000 | 2,898,000 | 4,375,000 | 5,902,000 |
| Interest expense | 112,000 | 239,000 | 374,000 | 515,000 |
| Net interest income | 1,332,000 | 2,659,000 | 4,001,000 | 5,387,000 |
| Noninterest income | 274,000 | 557,000 | 877,000 | 1,139,000 |
| Noninterest expense | 991,000 | 2,063,000 | 3,104,000 | 3,936,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 569,000 | 1,107,000 | 1,728,000 | 2,465,000 |
| Income tax | 5,000 | 10,000 | 16,000 | 22,000 |
| Net income | 564,000 | 1,097,000 | 1,712,000 | 2,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,689,000 | 17,972,000 | 18,324,000 | 18,445,000 |
| Total capital | 18,610,000 | 18,896,000 | 19,229,000 | 19,341,000 |
| Risk-weighted assets | 95,913,000 | 99,014,000 | 104,383,000 | 104,922,000 |