Call reports 2010
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2010
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 136,227,000 | 138,808,000 | 159,538,000 | 144,767,000 |
| Total loans | 102,530,000 | 105,388,000 | 104,610,000 | 104,228,000 |
| Allowance for loan losses | 1,072,000 | 1,122,000 | 998,000 | 1,007,000 |
| Securities available for sale | 24,856,000 | 25,736,000 | 25,440,000 | 25,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,625,000 | 109,689,000 | 128,161,000 | 118,885,000 |
| Interest-bearing deposits | 87,708,000 | 90,567,000 | 90,163,000 | 96,215,000 |
| Noninterest-bearing deposits | 19,918,000 | 19,123,000 | 37,998,000 | 22,669,000 |
| Equity capital | 19,187,000 | 19,809,000 | 20,251,000 | 16,812,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,775,000 | 3,580,000 | 5,467,000 | 7,220,000 |
| Interest expense | 286,000 | 573,000 | 923,000 | 1,176,000 |
| Net interest income | 1,489,000 | 3,007,000 | 4,544,000 | 6,044,000 |
| Noninterest income | 578,000 | 1,166,000 | 1,757,000 | 2,359,000 |
| Noninterest expense | 1,320,000 | 2,652,000 | 3,998,000 | 5,349,000 |
| Provision for loan losses | 150,000 | 200,000 | 305,000 | 315,000 |
| Pretax income | 597,000 | 1,321,000 | 1,998,000 | 2,739,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 596,000 | 1,320,000 | 1,997,000 | 2,738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,009,000 | 19,292,000 | 19,525,000 | 16,766,000 |
| Total capital | 20,081,000 | 20,414,000 | 20,523,000 | 17,773,000 |
| Risk-weighted assets | 110,338,000 | 116,873,000 | 120,363,000 | 116,693,000 |