Call reports 2011
FIRST FARMERS BANK AND TRUST COMPANY — 2011
What FIRST FARMERS BANK AND TRUST COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 123,576,000 | 117,899,000 | 116,435,000 | 116,285,000 |
| Total loans | 93,199,000 | 90,697,000 | 89,269,000 | 90,654,000 |
| Allowance for loan losses | 1,280,000 | 780,000 | 902,000 | 840,000 |
| Securities available for sale | 6,396,000 | 7,374,000 | 7,609,000 | 8,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,000,000 | 92,618,000 | 90,978,000 | 91,419,000 |
| Interest-bearing deposits | 81,055,000 | 75,708,000 | 75,825,000 | 75,182,000 |
| Noninterest-bearing deposits | 16,945,000 | 16,911,000 | 15,153,000 | 16,237,000 |
| Equity capital | 14,997,000 | 15,371,000 | 15,720,000 | 15,562,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,538,000 | 3,062,000 | 4,585,000 | 6,123,000 |
| Interest expense | 381,000 | 741,000 | 1,082,000 | 1,404,000 |
| Net interest income | 1,157,000 | 2,321,000 | 3,503,000 | 4,719,000 |
| Noninterest income | 171,000 | 364,000 | 538,000 | 726,000 |
| Noninterest expense | 767,000 | 1,527,000 | 2,296,000 | 3,057,000 |
| Provision for loan losses | 90,000 | 180,000 | 300,000 | 420,000 |
| Pretax income | 471,000 | 978,000 | 1,445,000 | 1,968,000 |
| Income tax | 159,000 | 329,000 | 486,000 | 662,000 |
| Net income | 312,000 | 649,000 | 959,000 | 1,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,489,000 | 11,837,000 | 12,155,000 | 12,009,000 |
| Total capital | 12,578,000 | 12,617,000 | 13,057,000 | 12,849,000 |
| Risk-weighted assets | 87,897,000 | 84,752,000 | 83,571,000 | 84,572,000 |