Call reports 2013
FIRST FARMERS BANK AND TRUST COMPANY — 2013
What FIRST FARMERS BANK AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 116,116,000 | 109,594,000 | 111,801,000 | 112,176,000 |
| Total loans | 83,809,000 | 84,850,000 | 84,337,000 | 84,000,000 |
| Allowance for loan losses | 901,000 | 966,000 | 1,032,000 | 1,059,000 |
| Securities available for sale | 6,930,000 | 5,818,000 | 8,100,000 | 8,504,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,895,000 | 88,715,000 | 90,940,000 | 92,642,000 |
| Interest-bearing deposits | 75,935,000 | 70,985,000 | 71,527,000 | 73,110,000 |
| Noninterest-bearing deposits | 17,959,000 | 17,730,000 | 19,413,000 | 19,532,000 |
| Equity capital | 16,029,000 | 16,214,000 | 16,497,000 | 15,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,342,000 | 2,682,000 | 4,014,000 | 5,351,000 |
| Interest expense | 198,000 | 367,000 | 529,000 | 679,000 |
| Net interest income | 1,144,000 | 2,315,000 | 3,485,000 | 4,672,000 |
| Noninterest income | 137,000 | 423,000 | 641,000 | 917,000 |
| Noninterest expense | 867,000 | 1,803,000 | 2,598,000 | 3,495,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 424,000 | 921,000 | 1,424,000 | 1,900,000 |
| Income tax | 136,000 | 297,000 | 460,000 | 614,000 |
| Net income | 288,000 | 624,000 | 964,000 | 1,286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,555,000 | 12,895,000 | 13,239,000 | 12,565,000 |
| Total capital | 13,456,000 | 13,861,000 | 14,233,000 | 13,574,000 |
| Risk-weighted assets | 80,507,000 | 79,616,000 | 80,161,000 | 80,635,000 |