Call reports 2018
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2018
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 105,245,000 | 102,309,000 | 103,626,000 | 104,985,000 |
| Total loans | 82,037,000 | 86,221,000 | 88,433,000 | 86,829,000 |
| Allowance for loan losses | 939,000 | 955,000 | 999,000 | 1,099,000 |
| Securities available for sale | 11,932,000 | 12,396,000 | 12,374,000 | 11,426,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,193,000 | 75,500,000 | 76,027,000 | 79,779,000 |
| Interest-bearing deposits | 66,333,000 | 65,955,000 | 66,332,000 | 65,722,000 |
| Noninterest-bearing deposits | 10,860,000 | 9,545,000 | 9,695,000 | 14,057,000 |
| Equity capital | 14,396,000 | 14,474,000 | 14,611,000 | 14,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,144,000 | 2,336,000 | 3,582,000 | 4,871,000 |
| Interest expense | 132,000 | 273,000 | 428,000 | 621,000 |
| Net interest income | 1,012,000 | 2,063,000 | 3,154,000 | 4,250,000 |
| Noninterest income | 62,000 | 125,000 | 190,000 | 271,000 |
| Noninterest expense | 664,000 | 1,340,000 | 2,021,000 | 2,777,000 |
| Provision for loan losses | 30,000 | 30,000 | 120,000 | 255,000 |
| Pretax income | 380,000 | 818,000 | 1,203,000 | 1,489,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 380,000 | 818,000 | 1,203,000 | 1,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,519,000 | 14,624,000 | 14,779,000 | 14,857,000 |
| Total capital | 15,458,000 | 15,579,000 | 15,778,000 | 15,956,000 |
| Risk-weighted assets | 82,236,000 | 91,003,000 | 92,631,000 | 94,900,000 |