Call reports 2016
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2016
What FIRST FARMERS & MERCHANTS NATIONAL BANK 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 | 100,392,000 | 102,723,000 | 105,928,000 | 110,759,000 |
| Total loans | 85,017,000 | 88,689,000 | 91,900,000 | 88,123,000 |
| Allowance for loan losses | 935,000 | 890,000 | 955,000 | 939,000 |
| Securities available for sale | 11,681,000 | 11,697,000 | 11,691,000 | 11,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,785,000 | 73,516,000 | 75,687,000 | 85,966,000 |
| Interest-bearing deposits | 64,579,000 | 62,215,000 | 64,872,000 | 73,796,000 |
| Noninterest-bearing deposits | 11,206,000 | 11,301,000 | 10,815,000 | 12,170,000 |
| Equity capital | 13,496,000 | 13,546,000 | 13,665,000 | 13,658,000 |
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 | 1,066,000 | 2,187,000 | 3,339,000 | 4,496,000 |
| Interest expense | 103,000 | 209,000 | 321,000 | 440,000 |
| Net interest income | 963,000 | 1,978,000 | 3,018,000 | 4,056,000 |
| Noninterest income | 72,000 | 155,000 | 257,000 | 348,000 |
| Noninterest expense | 725,000 | 1,454,000 | 2,223,000 | 2,954,000 |
| Provision for loan losses | 0 | 70,000 | 155,000 | 270,000 |
| Pretax income | 310,000 | 609,000 | 897,000 | 1,180,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 310,000 | 609,000 | 897,000 | 1,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,367,000 | 13,394,000 | 13,515,000 | 13,628,000 |
| Total capital | 14,302,000 | 14,284,000 | 14,470,000 | 14,567,000 |
| Risk-weighted assets | 86,705,000 | 89,982,000 | 93,544,000 | 90,133,000 |