Call reports 2017
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2017
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 170,421,000 | 168,806,000 | 167,748,000 | 174,859,000 |
| Total loans | 144,202,000 | 150,688,000 | 150,183,000 | 154,983,000 |
| Allowance for loan losses | 1,538,000 | 1,440,000 | 1,507,000 | 1,627,000 |
| Securities available for sale | 5,213,000 | 5,201,000 | 4,181,000 | 4,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,339,000 | 137,882,000 | 137,146,000 | 146,050,000 |
| Interest-bearing deposits | 112,588,000 | 112,920,000 | 111,396,000 | 115,139,000 |
| Noninterest-bearing deposits | 29,751,000 | 24,962,000 | 25,750,000 | 30,911,000 |
| Equity capital | 26,170,000 | 25,979,000 | 26,589,000 | 26,661,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,826,000 | 3,821,000 | 5,838,000 | 7,877,000 |
| Interest expense | 80,000 | 178,000 | 279,000 | 382,000 |
| Net interest income | 1,746,000 | 3,643,000 | 5,559,000 | 7,495,000 |
| Noninterest income | 969,000 | 1,870,000 | 2,821,000 | 3,454,000 |
| Noninterest expense | 1,876,000 | 3,783,000 | 5,676,000 | 7,540,000 |
| Provision for loan losses | 75,000 | 230,000 | 305,000 | 442,000 |
| Pretax income | 764,000 | 1,500,000 | 2,399,000 | 2,967,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | 764,000 | 1,499,000 | 2,398,000 | 2,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,143,000 | 25,960,000 | 26,587,000 | 26,686,000 |
| Total capital | 27,681,000 | 27,400,000 | 28,094,000 | 28,313,000 |
| Risk-weighted assets | 157,109,000 | 161,809,000 | 160,255,000 | 165,078,000 |