Call reports 2013
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2013
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 160,515,000 | 160,655,000 | 158,087,000 | 165,187,000 |
| Total loans | 109,696,000 | 118,292,000 | 117,763,000 | 121,447,000 |
| Allowance for loan losses | 1,106,000 | 1,121,000 | 1,138,000 | 1,168,000 |
| Securities available for sale | 25,906,000 | 24,699,000 | 24,060,000 | 23,934,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,827,000 | 135,572,000 | 130,652,000 | 136,848,000 |
| Interest-bearing deposits | 111,886,000 | 110,052,000 | 108,721,000 | 108,032,000 |
| Noninterest-bearing deposits | 22,940,000 | 25,520,000 | 21,931,000 | 28,816,000 |
| Equity capital | 20,968,000 | 20,343,000 | 20,637,000 | 20,691,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,644,000 | 3,296,000 | 5,036,000 | 6,683,000 |
| Interest expense | 106,000 | 207,000 | 306,000 | 398,000 |
| Net interest income | 1,538,000 | 3,089,000 | 4,730,000 | 6,285,000 |
| Noninterest income | 851,000 | 1,700,000 | 2,555,000 | 3,407,000 |
| Noninterest expense | 1,549,000 | 3,175,000 | 4,805,000 | 6,504,000 |
| Provision for loan losses | 0 | 15,000 | 45,000 | 75,000 |
| Pretax income | 840,000 | 1,599,000 | 2,435,000 | 3,113,000 |
| Income tax | 0 | 1,000 | 2,000 | 3,000 |
| Net income | 840,000 | 1,598,000 | 2,433,000 | 3,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,270,000 | 20,335,000 | 20,750,000 | 20,912,000 |
| Total capital | 21,376,000 | 21,456,000 | 21,888,000 | 22,080,000 |
| Risk-weighted assets | 122,358,000 | 130,606,000 | 131,025,000 | 133,991,000 |