Call reports 2018
FIRST FARMERS STATE BANK — 2018
What FIRST FARMERS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 175,287,000 | 167,713,000 | 169,026,000 | 168,528,000 |
| Total loans | 109,845,000 | 117,917,000 | 118,905,000 | 121,473,000 |
| Allowance for loan losses | 926,000 | 946,000 | 949,000 | 949,000 |
| Securities available for sale | 38,832,000 | 36,768,000 | 34,334,000 | 31,135,000 |
| Securities held to maturity | 2,751,000 | 2,640,000 | 2,543,000 | 2,457,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,007,000 | 135,201,000 | 139,130,000 | 137,164,000 |
| Interest-bearing deposits | 119,374,000 | 111,527,000 | 115,821,000 | 108,871,000 |
| Noninterest-bearing deposits | 26,633,000 | 23,674,000 | 23,309,000 | 28,293,000 |
| Equity capital | 19,782,000 | 19,924,000 | 20,130,000 | 20,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,625,000 | 3,328,000 | 5,004,000 | 6,711,000 |
| Interest expense | 197,000 | 398,000 | 648,000 | 918,000 |
| Net interest income | 1,428,000 | 2,930,000 | 4,356,000 | 5,793,000 |
| Noninterest income | 215,000 | 475,000 | 717,000 | 979,000 |
| Noninterest expense | 1,039,000 | 2,178,000 | 3,190,000 | 4,226,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 604,000 | 1,227,000 | 1,904,000 | 2,554,000 |
| Income tax | 5,000 | 10,000 | 16,000 | 21,000 |
| Net income | 599,000 | 1,217,000 | 1,888,000 | 2,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,760,000 | 20,129,000 | 20,540,000 | 20,295,000 |
| Total capital | 20,686,000 | 21,075,000 | 21,489,000 | 21,245,000 |
| Risk-weighted assets | 101,888,000 | 103,181,000 | 102,039,000 | 105,355,000 |