Call reports 2020
FIRST FARMERS STATE BANK — 2020
What FIRST FARMERS STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 186,327,000 | 195,619,000 | 196,820,000 | 208,126,000 |
| Total loans | 133,885,000 | 137,381,000 | 140,735,000 | 141,567,000 |
| Allowance for loan losses | 963,000 | 965,000 | 964,000 | 966,000 |
| Securities available for sale | 31,189,000 | 30,531,000 | 30,572,000 | 41,623,000 |
| Securities held to maturity | 2,036,000 | 1,960,000 | 1,905,000 | 1,727,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,810,000 | 159,759,000 | 161,934,000 | 170,471,000 |
| Interest-bearing deposits | 124,571,000 | 125,729,000 | 127,916,000 | 130,980,000 |
| Noninterest-bearing deposits | 29,239,000 | 34,030,000 | 34,018,000 | 39,491,000 |
| Equity capital | 22,282,000 | 23,338,000 | 23,937,000 | 24,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,791,000 | 3,650,000 | 5,522,000 | 7,390,000 |
| Interest expense | 332,000 | 591,000 | 805,000 | 993,000 |
| Net interest income | 1,459,000 | 3,059,000 | 4,717,000 | 6,397,000 |
| Noninterest income | 182,000 | 698,000 | 1,245,000 | 1,740,000 |
| Noninterest expense | 1,009,000 | 2,177,000 | 3,351,000 | 4,445,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 632,000 | 1,580,000 | 2,611,000 | 3,618,000 |
| Income tax | 6,000 | 13,000 | 22,000 | 30,000 |
| Net income | 626,000 | 1,567,000 | 2,589,000 | 3,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,234,000 | 22,860,000 | 23,394,000 | 23,857,000 |
| Total capital | 23,197,000 | 23,825,000 | 24,358,000 | 24,823,000 |
| Risk-weighted assets | 106,660,000 | 108,176,000 | 112,521,000 | 115,592,000 |