Call reports 2017
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2017
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 110,357,000 | 105,141,000 | 103,314,000 | 104,462,000 |
| Total loans | 87,174,000 | 90,307,000 | 85,311,000 | 82,511,000 |
| Allowance for loan losses | 948,000 | 1,000,000 | 975,000 | 964,000 |
| Securities available for sale | 11,066,000 | 10,556,000 | 10,038,000 | 11,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,294,000 | 77,215,000 | 77,075,000 | 77,940,000 |
| Interest-bearing deposits | 72,917,000 | 66,572,000 | 66,515,000 | 66,968,000 |
| Noninterest-bearing deposits | 12,377,000 | 10,643,000 | 10,560,000 | 10,972,000 |
| Equity capital | 13,733,000 | 13,840,000 | 14,075,000 | 14,091,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,111,000 | 2,268,000 | 3,482,000 | 4,637,000 |
| Interest expense | 121,000 | 234,000 | 363,000 | 493,000 |
| Net interest income | 990,000 | 2,034,000 | 3,119,000 | 4,144,000 |
| Noninterest income | 101,000 | 169,000 | 235,000 | 175,000 |
| Noninterest expense | 697,000 | 1,413,000 | 2,128,000 | 2,795,000 |
| Provision for loan losses | 325,000 | 425,000 | 425,000 | 425,000 |
| Pretax income | 69,000 | 365,000 | 801,000 | 1,099,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 69,000 | 365,000 | 801,000 | 1,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,697,000 | 13,809,000 | 14,056,000 | 14,140,000 |
| Total capital | 14,645,000 | 14,809,000 | 15,031,000 | 15,104,000 |
| Risk-weighted assets | 88,973,000 | 93,001,000 | 88,525,000 | 86,132,000 |