Call reports 2015
FIRST FARMERS & MERCHANTS STATE BANK — 2015
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 91,956,000 | 87,202,000 | 84,476,000 | 87,494,000 |
| Total loans | 53,945,000 | 56,240,000 | 55,754,000 | 59,324,000 |
| Allowance for loan losses | 630,000 | 652,000 | 665,000 | 646,000 |
| Securities available for sale | 25,517,000 | 26,340,000 | 24,300,000 | 23,052,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,400,000 | 71,073,000 | 68,587,000 | 73,671,000 |
| Interest-bearing deposits | 61,359,000 | 59,955,000 | 56,851,000 | 58,536,000 |
| Noninterest-bearing deposits | 13,042,000 | 11,118,000 | 11,736,000 | 15,135,000 |
| Equity capital | 12,334,000 | 12,265,000 | 12,351,000 | 12,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 815,000 | 1,657,000 | 2,502,000 | 3,341,000 |
| Interest expense | 52,000 | 105,000 | 152,000 | 196,000 |
| Net interest income | 763,000 | 1,552,000 | 2,350,000 | 3,145,000 |
| Noninterest income | 69,000 | 140,000 | 221,000 | 295,000 |
| Noninterest expense | 612,000 | 1,213,000 | 1,821,000 | 2,412,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 135,000 |
| Pretax income | 197,000 | 434,000 | 682,000 | 893,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 197,000 | 434,000 | 682,000 | 892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,308,000 | 11,410,000 | 11,464,000 | 11,585,000 |
| Total capital | 11,938,000 | 12,062,000 | 12,129,000 | 12,231,000 |
| Risk-weighted assets | 63,129,000 | 64,419,000 | 63,499,000 | 66,229,000 |