Call reports 2013
FIRST FARMERS & MERCHANTS STATE BANK — 2013
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 84,453,000 | 87,941,000 | 90,339,000 | 93,001,000 |
| Total loans | 43,503,000 | 48,229,000 | 50,852,000 | 55,458,000 |
| Allowance for loan losses | 430,000 | 454,000 | 468,000 | 514,000 |
| Securities available for sale | 32,032,000 | 32,380,000 | 31,217,000 | 30,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,128,000 | 66,615,000 | 70,772,000 | 67,439,000 |
| Interest-bearing deposits | 59,653,000 | 55,981,000 | 57,788,000 | 56,001,000 |
| Noninterest-bearing deposits | 12,476,000 | 10,633,000 | 12,985,000 | 11,437,000 |
| Equity capital | 12,044,000 | 11,551,000 | 11,634,000 | 11,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 782,000 | 1,583,000 | 2,428,000 | 3,301,000 |
| Interest expense | 71,000 | 138,000 | 205,000 | 273,000 |
| Net interest income | 711,000 | 1,445,000 | 2,223,000 | 3,028,000 |
| Noninterest income | 103,000 | 185,000 | 265,000 | 347,000 |
| Noninterest expense | 557,000 | 1,093,000 | 1,625,000 | 2,171,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 90,000 |
| Pretax income | 242,000 | 507,000 | 818,000 | 1,114,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 242,000 | 506,000 | 817,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,130,000 | 10,237,000 | 10,401,000 | 10,493,000 |
| Total capital | 10,560,000 | 10,691,000 | 10,869,000 | 11,007,000 |
| Risk-weighted assets | 52,615,000 | 56,964,000 | 60,273,000 | 64,568,000 |