Call reports 2016
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2016
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 166,472,000 | 161,164,000 | 162,426,000 | 165,165,000 |
| Total loans | 139,939,000 | 141,136,000 | 141,100,000 | 145,816,000 |
| Allowance for loan losses | 1,585,000 | 1,581,000 | 1,584,000 | 1,463,000 |
| Securities available for sale | 15,434,000 | 12,631,000 | 7,440,000 | 5,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,795,000 | 134,609,000 | 135,576,000 | 137,840,000 |
| Interest-bearing deposits | 107,937,000 | 109,189,000 | 109,644,000 | 108,729,000 |
| Noninterest-bearing deposits | 24,858,000 | 25,420,000 | 25,932,000 | 29,111,000 |
| Equity capital | 24,532,000 | 24,723,000 | 25,283,000 | 25,411,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,835,000 | 3,663,000 | 5,509,000 | 7,348,000 |
| Interest expense | 92,000 | 181,000 | 266,000 | 350,000 |
| Net interest income | 1,743,000 | 3,482,000 | 5,243,000 | 6,998,000 |
| Noninterest income | 951,000 | 1,888,000 | 2,837,000 | 3,767,000 |
| Noninterest expense | 1,920,000 | 3,753,000 | 5,468,000 | 7,390,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 724,000 | 1,567,000 | 2,562,000 | 3,325,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | 724,000 | 1,566,000 | 2,561,000 | 3,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,442,000 | 24,605,000 | 25,182,000 | 25,379,000 |
| Total capital | 26,027,000 | 26,186,000 | 26,766,000 | 26,842,000 |
| Risk-weighted assets | 155,783,000 | 155,146,000 | 154,890,000 | 158,969,000 |