Call reports 2021
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2021
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 217,737,000 | 216,152,000 | 215,655,000 | 230,349,000 |
| Total loans | 161,883,000 | 153,205,000 | 146,984,000 | 154,600,000 |
| Allowance for loan losses | 4,584,000 | 3,451,000 | 3,621,000 | 3,678,000 |
| Securities available for sale | 31,144,000 | 34,344,000 | 38,490,000 | 50,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,150,000 | 183,358,000 | 182,150,000 | 196,933,000 |
| Interest-bearing deposits | 147,248,000 | 148,427,000 | 148,714,000 | 156,820,000 |
| Noninterest-bearing deposits | 37,902,000 | 34,931,000 | 33,436,000 | 40,112,000 |
| Equity capital | 29,555,000 | 30,120,000 | 31,390,000 | 31,613,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,890,000 | 3,746,000 | 6,004,000 | 7,835,000 |
| Interest expense | 172,000 | 291,000 | 359,000 | 429,000 |
| Net interest income | 1,718,000 | 3,455,000 | 5,645,000 | 7,406,000 |
| Noninterest income | 101,000 | 200,000 | 389,000 | 622,000 |
| Noninterest expense | 1,125,000 | 2,245,000 | 3,328,000 | 4,376,000 |
| Provision for loan losses | 115,000 | 340,000 | 510,000 | 570,000 |
| Pretax income | 579,000 | 1,070,000 | 2,196,000 | 3,146,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 578,000 | 1,069,000 | 2,194,000 | 3,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,143,000 | 30,490,000 | 31,615,000 | 32,307,000 |
| Total capital | 32,418,000 | 32,683,000 | 33,707,000 | 34,553,000 |
| Risk-weighted assets | 179,678,000 | 174,208,000 | 165,818,000 | 178,264,000 |