Call reports 2015
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2015
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 102,358,000 | 105,892,000 | 102,287,000 | 103,372,000 |
| Total loans | 81,379,000 | 85,097,000 | 84,507,000 | 83,572,000 |
| Allowance for loan losses | 970,000 | 1,173,000 | 1,002,000 | 958,000 |
| Securities available for sale | 16,028,000 | 14,927,000 | 14,477,000 | 13,374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,870,000 | 82,276,000 | 77,292,000 | 79,245,000 |
| Interest-bearing deposits | 65,953,000 | 71,744,000 | 66,048,000 | 65,027,000 |
| Noninterest-bearing deposits | 12,918,000 | 10,533,000 | 11,244,000 | 14,218,000 |
| Equity capital | 13,252,000 | 13,006,000 | 13,129,000 | 13,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,051,000 | 2,148,000 | 3,253,000 | 4,339,000 |
| Interest expense | 100,000 | 202,000 | 309,000 | 413,000 |
| Net interest income | 951,000 | 1,946,000 | 2,944,000 | 3,926,000 |
| Noninterest income | 61,000 | 144,000 | 234,000 | 312,000 |
| Noninterest expense | 680,000 | 1,390,000 | 2,111,000 | 2,792,000 |
| Provision for loan losses | 0 | 200,000 | 275,000 | 425,000 |
| Pretax income | 332,000 | 500,000 | 792,000 | 1,021,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 332,000 | 500,000 | 792,000 | 1,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,080,000 | 12,927,000 | 12,996,000 | 13,057,000 |
| Total capital | 14,050,000 | 14,030,000 | 13,998,000 | 14,015,000 |
| Risk-weighted assets | 84,820,000 | 88,248,000 | 85,641,000 | 85,049,000 |