Call reports 2019
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2019
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 179,333,000 | 177,163,000 | 177,822,000 | 188,923,000 |
| Total loans | 158,549,000 | 158,362,000 | 159,341,000 | 164,209,000 |
| Allowance for loan losses | 2,176,000 | 2,287,000 | 2,406,000 | 2,509,000 |
| Securities available for sale | 2,906,000 | 3,907,000 | 3,231,000 | 8,703,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,776,000 | 144,482,000 | 144,699,000 | 155,866,000 |
| Interest-bearing deposits | 121,126,000 | 119,102,000 | 117,347,000 | 126,782,000 |
| Noninterest-bearing deposits | 25,650,000 | 25,380,000 | 27,352,000 | 29,084,000 |
| Equity capital | 29,435,000 | 29,364,000 | 29,627,000 | 30,086,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,300,000 | 4,630,000 | 6,955,000 | 9,298,000 |
| Interest expense | 210,000 | 448,000 | 705,000 | 988,000 |
| Net interest income | 2,090,000 | 4,182,000 | 6,250,000 | 8,310,000 |
| Noninterest income | 100,000 | 211,000 | 98,000 | 215,000 |
| Noninterest expense | 1,101,000 | 2,245,000 | 3,350,000 | 4,534,000 |
| Provision for loan losses | 144,000 | 264,000 | 372,000 | 480,000 |
| Pretax income | 945,000 | 1,884,000 | 2,626,000 | 3,511,000 |
| Income tax | 2,000 | 3,000 | 1,000 | 2,000 |
| Net income | 943,000 | 1,881,000 | 2,625,000 | 3,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,453,000 | 29,357,000 | 29,606,000 | 30,114,000 |
| Total capital | 31,629,000 | 31,644,000 | 31,928,000 | 32,456,000 |
| Risk-weighted assets | 183,424,000 | 186,569,000 | 185,742,000 | 187,153,000 |