Call reports 2011
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2011
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 150,518,000 | 150,147,000 | 148,235,000 | 154,111,000 |
| Total loans | 99,620,000 | 99,907,000 | 102,511,000 | 105,371,000 |
| Allowance for loan losses | 1,001,000 | 1,006,000 | 1,022,000 | 1,020,000 |
| Securities available for sale | 26,793,000 | 28,231,000 | 25,945,000 | 23,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,270,000 | 123,365,000 | 121,470,000 | 129,548,000 |
| Interest-bearing deposits | 102,827,000 | 102,745,000 | 99,191,000 | 99,977,000 |
| Noninterest-bearing deposits | 21,444,000 | 20,620,000 | 22,280,000 | 29,571,000 |
| Equity capital | 17,292,000 | 18,024,000 | 18,590,000 | 18,860,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,706,000 | 3,412,000 | 5,117,000 | 6,827,000 |
| Interest expense | 224,000 | 448,000 | 649,000 | 824,000 |
| Net interest income | 1,482,000 | 2,964,000 | 4,468,000 | 6,003,000 |
| Noninterest income | 710,000 | 1,212,000 | 1,982,000 | 2,739,000 |
| Noninterest expense | 1,406,000 | 2,869,000 | 4,334,000 | 5,785,000 |
| Provision for loan losses | 30,000 | 45,000 | 45,000 | 45,000 |
| Pretax income | 756,000 | 1,262,000 | 2,085,000 | 2,926,000 |
| Income tax | 0 | 2,000 | 2,000 | 3,000 |
| Net income | 756,000 | 1,260,000 | 2,083,000 | 2,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,140,000 | 17,466,000 | 17,711,000 | 18,051,000 |
| Total capital | 18,141,000 | 18,472,000 | 18,733,000 | 19,071,000 |
| Risk-weighted assets | 114,570,000 | 113,639,000 | 116,366,000 | 119,631,000 |