Call reports 2007
FIRST FARMERS BANK AND TRUST COMPANY — 2007
What FIRST FARMERS BANK AND TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 77,689,000 | 74,690,000 | 77,253,000 | 81,251,000 |
| Total loans | 59,387,000 | 60,329,000 | 59,319,000 | 59,972,000 |
| Allowance for loan losses | 815,000 | 892,000 | 968,000 | 876,000 |
| Securities available for sale | 5,334,000 | 5,252,000 | 5,299,000 | 5,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,657,000 | 50,080,000 | 52,274,000 | 56,419,000 |
| Interest-bearing deposits | 43,536,000 | 40,550,000 | 41,917,000 | 45,041,000 |
| Noninterest-bearing deposits | 10,121,000 | 9,530,000 | 10,357,000 | 11,378,000 |
| Equity capital | 13,191,000 | 13,457,000 | 13,773,000 | 14,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,361,000 | 2,775,000 | 4,187,000 | 5,573,000 |
| Interest expense | 500,000 | 1,018,000 | 1,548,000 | 2,093,000 |
| Net interest income | 861,000 | 1,757,000 | 2,639,000 | 3,480,000 |
| Noninterest income | 116,000 | 254,000 | 390,000 | 551,000 |
| Noninterest expense | 512,000 | 1,033,000 | 1,568,000 | 2,125,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 390,000 | 828,000 | 1,236,000 | 1,605,000 |
| Income tax | 132,000 | 282,000 | 420,000 | 547,000 |
| Net income | 258,000 | 546,000 | 816,000 | 1,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,888,000 | 13,177,000 | 13,447,000 | 13,689,000 |
| Total capital | 13,595,000 | 13,900,000 | 14,174,000 | 14,447,000 |
| Risk-weighted assets | 56,468,000 | 57,634,000 | 57,885,000 | 60,509,000 |
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