Call reports 2012
FIRST FARMERS & MERCHANTS STATE BANK — 2012
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 81,858,000 | 81,291,000 | 82,975,000 | 84,675,000 |
| Total loans | 44,151,000 | 44,118,000 | 45,734,000 | 49,445,000 |
| Allowance for loan losses | 588,000 | 356,000 | 386,000 | 416,000 |
| Securities available for sale | 30,562,000 | 31,735,000 | 32,225,000 | 31,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,268,000 | 69,357,000 | 67,568,000 | 70,262,000 |
| Interest-bearing deposits | 60,465,000 | 59,608,000 | 57,851,000 | 57,691,000 |
| Noninterest-bearing deposits | 9,803,000 | 9,750,000 | 9,716,000 | 12,571,000 |
| Equity capital | 11,287,000 | 11,647,000 | 11,862,000 | 11,994,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 838,000 | 1,654,000 | 2,472,000 | 3,321,000 |
| Interest expense | 102,000 | 197,000 | 283,000 | 360,000 |
| Net interest income | 736,000 | 1,457,000 | 2,189,000 | 2,961,000 |
| Noninterest income | 83,000 | 136,000 | 171,000 | 186,000 |
| Noninterest expense | 551,000 | 1,110,000 | 1,639,000 | 2,159,000 |
| Provision for loan losses | 6,000 | 12,000 | 50,000 | 79,000 |
| Pretax income | 262,000 | 471,000 | 671,000 | 909,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 262,000 | 470,000 | 670,000 | 908,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,475,000 | 9,627,000 | 9,752,000 | 9,990,000 |
| Total capital | 10,063,000 | 9,983,000 | 10,138,000 | 10,406,000 |
| Risk-weighted assets | 53,987,000 | 53,747,000 | 54,654,000 | 56,772,000 |