Call reports 2015
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2015
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 164,237,000 | 168,921,000 | 162,459,000 | 168,464,000 |
| Total loans | 132,217,000 | 136,264,000 | 133,087,000 | 138,275,000 |
| Allowance for loan losses | 1,278,000 | 1,533,000 | 1,346,000 | 1,546,000 |
| Securities available for sale | 20,662,000 | 19,776,000 | 18,388,000 | 15,917,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,237,000 | 131,709,000 | 134,400,000 | 141,820,000 |
| Interest-bearing deposits | 110,589,000 | 108,581,000 | 110,935,000 | 111,760,000 |
| Noninterest-bearing deposits | 23,648,000 | 23,128,000 | 23,465,000 | 30,060,000 |
| Equity capital | 23,703,000 | 23,378,000 | 23,654,000 | 23,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,710,000 | 3,443,000 | 5,239,000 | 7,002,000 |
| Interest expense | 85,000 | 176,000 | 266,000 | 356,000 |
| Net interest income | 1,625,000 | 3,267,000 | 4,973,000 | 6,646,000 |
| Noninterest income | 883,000 | 1,828,000 | 2,764,000 | 3,665,000 |
| Noninterest expense | 1,697,000 | 3,441,000 | 5,310,000 | 7,161,000 |
| Provision for loan losses | 0 | 255,000 | 555,000 | 755,000 |
| Pretax income | 811,000 | 1,399,000 | 1,872,000 | 2,395,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 810,000 | 1,398,000 | 1,870,000 | 2,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,518,000 | 23,366,000 | 23,517,000 | 23,718,000 |
| Total capital | 24,796,000 | 24,899,000 | 24,863,000 | 25,264,000 |
| Risk-weighted assets | 143,685,000 | 150,473,000 | 146,999,000 | 152,214,000 |