Call reports 2011
FIRST FARMERS & MERCHANTS STATE BANK — 2011
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 80,248,000 | 80,064,000 | 79,136,000 | 84,293,000 |
| Total loans | 46,218,000 | 46,467,000 | 45,393,000 | 48,416,000 |
| Allowance for loan losses | 540,000 | 567,000 | 590,000 | 613,000 |
| Securities available for sale | 29,916,000 | 29,536,000 | 28,992,000 | 30,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,400,000 | 68,806,000 | 67,495,000 | 68,905,000 |
| Interest-bearing deposits | 59,657,000 | 58,701,000 | 58,228,000 | 58,456,000 |
| Noninterest-bearing deposits | 9,744,000 | 10,106,000 | 9,266,000 | 10,449,000 |
| Equity capital | 10,170,000 | 10,585,000 | 11,349,000 | 11,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 891,000 | 1,795,000 | 2,665,000 | 3,537,000 |
| Interest expense | 139,000 | 280,000 | 413,000 | 531,000 |
| Net interest income | 752,000 | 1,515,000 | 2,252,000 | 3,006,000 |
| Noninterest income | 102,000 | -24,000 | 63,000 | 133,000 |
| Noninterest expense | 583,000 | 1,165,000 | 1,703,000 | 2,229,000 |
| Provision for loan losses | 86,000 | 116,000 | 116,000 | 116,000 |
| Pretax income | 185,000 | 210,000 | 496,000 | 794,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 184,000 | 209,000 | 495,000 | 792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,315,000 | 9,078,000 | 9,314,000 | 9,362,000 |
| Total capital | 9,855,000 | 9,645,000 | 9,904,000 | 9,975,000 |
| Risk-weighted assets | 55,572,000 | 55,850,000 | 54,197,000 | 57,558,000 |