Call reports 2022
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2022
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 239,911,000 | 228,123,000 | 223,596,000 | 226,536,000 |
| Total loans | 156,601,000 | 157,929,000 | 160,499,000 | 163,826,000 |
| Allowance for loan losses | 3,702,000 | 2,751,000 | 2,750,000 | 2,552,000 |
| Securities available for sale | 59,454,000 | 57,860,000 | 52,922,000 | 50,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,147,000 | 196,519,000 | 193,431,000 | 197,452,000 |
| Interest-bearing deposits | 169,747,000 | 160,114,000 | 157,328,000 | 158,333,000 |
| Noninterest-bearing deposits | 38,400,000 | 36,405,000 | 36,103,000 | 39,119,000 |
| Equity capital | 29,939,000 | 30,004,000 | 17,006,000 | 18,798,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,756,000 | 4,064,000 | 6,183,000 | 8,954,000 |
| Interest expense | 70,000 | 140,000 | 219,000 | 425,000 |
| Net interest income | 1,686,000 | 3,924,000 | 5,964,000 | 8,529,000 |
| Noninterest income | 94,000 | 195,000 | 293,000 | 387,000 |
| Noninterest expense | 1,101,000 | 2,252,000 | 3,382,000 | 4,547,000 |
| Provision for loan losses | 25,000 | -925,000 | -925,000 | -1,125,000 |
| Pretax income | 654,000 | 2,792,000 | 3,800,000 | 5,494,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 654,000 | 2,792,000 | 3,800,000 | 5,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,959,000 | 34,602,000 | 23,532,000 | 24,825,000 |
| Total capital | 35,216,000 | 36,833,000 | 25,803,000 | 27,117,000 |
| Risk-weighted assets | 179,099,000 | 177,966,000 | 181,162,000 | 183,076,000 |