Call reports 2009
FIRST FARMERS & MERCHANTS STATE BANK — 2009
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 74,661,000 | 73,884,000 | 76,066,000 | 77,302,000 |
| Total loans | 49,347,000 | 48,850,000 | 49,908,000 | 50,606,000 |
| Allowance for loan losses | 547,000 | 560,000 | 581,000 | 601,000 |
| Securities available for sale | 21,766,000 | 20,619,000 | 23,170,000 | 23,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,726,000 | 62,589,000 | 62,519,000 | 63,697,000 |
| Interest-bearing deposits | 54,840,000 | 55,309,000 | 54,255,000 | 55,463,000 |
| Noninterest-bearing deposits | 7,886,000 | 7,279,000 | 8,263,000 | 8,234,000 |
| Equity capital | 10,690,000 | 10,722,000 | 11,171,000 | 11,345,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 974,000 | 1,948,000 | 2,930,000 | 3,925,000 |
| Interest expense | 294,000 | 553,000 | 783,000 | 990,000 |
| Net interest income | 680,000 | 1,395,000 | 2,147,000 | 2,935,000 |
| Noninterest income | 22,000 | 120,000 | 217,000 | 318,000 |
| Noninterest expense | 568,000 | 1,150,000 | 1,684,000 | 2,241,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 113,000 | 323,000 | 617,000 | 928,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 7,000 |
| Net income | 107,000 | 317,000 | 611,000 | 921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,952,000 | 10,162,000 | 10,429,000 | 10,612,000 |
| Total capital | 10,499,000 | 10,722,000 | 11,010,000 | 11,213,000 |
| Risk-weighted assets | 57,262,000 | 57,547,000 | 58,235,000 | 58,580,000 |