Call reports 2023
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2023
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 225,285,000 | 224,882,000 | 221,024,000 | 234,159,000 |
| Total loans | 166,799,000 | 164,702,000 | 163,464,000 | 164,233,000 |
| Allowance for loan losses | 2,453,000 | 2,445,000 | 2,144,000 | 2,145,000 |
| Securities available for sale | 49,742,000 | 49,056,000 | 48,908,000 | 50,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,407,000 | 185,275,000 | 181,109,000 | 192,170,000 |
| Interest-bearing deposits | 156,448,000 | 147,260,000 | 146,123,000 | 152,401,000 |
| Noninterest-bearing deposits | 36,959,000 | 38,015,000 | 34,986,000 | 39,769,000 |
| Equity capital | 18,837,000 | 18,828,000 | 17,745,000 | 21,320,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,437,000 | 5,003,000 | 7,611,000 | 10,340,000 |
| Interest expense | 255,000 | 639,000 | 1,260,000 | 2,040,000 |
| Net interest income | 2,182,000 | 4,364,000 | 6,351,000 | 8,300,000 |
| Noninterest income | 102,000 | 198,000 | 296,000 | 398,000 |
| Noninterest expense | 1,179,000 | 2,300,000 | 3,478,000 | 4,627,000 |
| Provision for loan losses | 0 | -8,000 | -8,000 | -8,000 |
| Pretax income | 1,105,000 | 2,262,000 | 3,169,000 | 4,071,000 |
| Income tax | 0 | 0 | 0 | -1,799,000 |
| Net income | 1,105,000 | 2,262,000 | 3,169,000 | 5,870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,041,000 | 24,720,000 | 23,787,000 | 26,308,000 |
| Total capital | 26,385,000 | 27,093,000 | 25,939,000 | 28,461,000 |
| Risk-weighted assets | 187,389,000 | 189,721,000 | 189,094,000 | 191,990,000 |