Call reports 2016
FIRST FARMERS BANK AND TRUST COMPANY — 2016
What FIRST FARMERS BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 116,062,000 | 111,882,000 | 119,339,000 | 123,337,000 |
| Total loans | 87,047,000 | 87,270,000 | 90,499,000 | 89,660,000 |
| Allowance for loan losses | 1,114,000 | 1,115,000 | 1,115,000 | 1,074,000 |
| Securities available for sale | 14,331,000 | 12,973,000 | 12,951,000 | 12,229,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,523,000 | 89,567,000 | 96,148,000 | 101,172,000 |
| Interest-bearing deposits | 70,796,000 | 66,381,000 | 69,763,000 | 73,474,000 |
| Noninterest-bearing deposits | 22,727,000 | 23,186,000 | 26,385,000 | 27,699,000 |
| Equity capital | 17,253,000 | 17,689,000 | 18,093,000 | 17,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,286,000 | 2,568,000 | 3,866,000 | 5,167,000 |
| Interest expense | 108,000 | 211,000 | 312,000 | 414,000 |
| Net interest income | 1,178,000 | 2,357,000 | 3,554,000 | 4,753,000 |
| Noninterest income | 165,000 | 365,000 | 639,000 | 867,000 |
| Noninterest expense | 861,000 | 1,722,000 | 2,587,000 | 3,458,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 506,000 | 1,068,000 | 1,674,000 | 2,230,000 |
| Income tax | 166,000 | 352,000 | 553,000 | 737,000 |
| Net income | 340,000 | 716,000 | 1,121,000 | 1,493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,795,000 | 14,173,000 | 14,578,000 | 13,950,000 |
| Total capital | 14,880,000 | 15,288,000 | 15,693,000 | 15,024,000 |
| Risk-weighted assets | 86,836,000 | 95,781,000 | 102,120,000 | 104,150,000 |