Call reports 2012
FIRST FARMERS BANK AND TRUST COMPANY — 2012
What FIRST FARMERS BANK AND TRUST COMPANY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 117,626,000 | 113,832,000 | 112,757,000 | 116,441,000 |
| Total loans | 90,846,000 | 88,661,000 | 88,720,000 | 85,257,000 |
| Allowance for loan losses | 964,000 | 1,085,000 | 1,104,000 | 1,072,000 |
| Securities available for sale | 8,143,000 | 7,866,000 | 7,604,000 | 7,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,916,000 | 89,161,000 | 88,197,000 | 91,785,000 |
| Interest-bearing deposits | 76,415,000 | 71,120,000 | 71,889,000 | 73,658,000 |
| Noninterest-bearing deposits | 16,501,000 | 18,042,000 | 16,308,000 | 18,128,000 |
| Equity capital | 15,903,000 | 16,235,000 | 16,498,000 | 16,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,467,000 | 2,926,000 | 4,386,000 | 5,798,000 |
| Interest expense | 286,000 | 540,000 | 777,000 | 997,000 |
| Net interest income | 1,181,000 | 2,386,000 | 3,609,000 | 4,801,000 |
| Noninterest income | 220,000 | 387,000 | 566,000 | 747,000 |
| Noninterest expense | 787,000 | 1,583,000 | 2,391,000 | 3,217,000 |
| Provision for loan losses | 120,000 | 240,000 | 480,000 | 480,000 |
| Pretax income | 494,000 | 950,000 | 1,304,000 | 1,851,000 |
| Income tax | 166,000 | 320,000 | 438,000 | 623,000 |
| Net income | 328,000 | 630,000 | 866,000 | 1,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,344,000 | 12,655,000 | 12,895,000 | 13,262,000 |
| Total capital | 13,308,000 | 13,678,000 | 13,915,000 | 14,267,000 |
| Risk-weighted assets | 84,763,000 | 81,807,000 | 81,549,000 | 80,352,000 |