Call reports 2016
FIRST FARMERS & MERCHANTS STATE BANK — 2016
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 83,263,000 | 81,291,000 | 82,798,000 | 81,929,000 |
| Total loans | 58,143,000 | 55,872,000 | 54,771,000 | 55,782,000 |
| Allowance for loan losses | 606,000 | 595,000 | 615,000 | 645,000 |
| Securities available for sale | 22,002,000 | 20,596,000 | 21,483,000 | 23,229,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,486,000 | 66,154,000 | 67,583,000 | 68,114,000 |
| Interest-bearing deposits | 53,121,000 | 53,785,000 | 53,647,000 | 54,535,000 |
| Noninterest-bearing deposits | 13,365,000 | 12,369,000 | 13,936,000 | 13,579,000 |
| Equity capital | 12,583,000 | 12,599,000 | 12,654,000 | 12,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 846,000 | 1,687,000 | 2,513,000 | 3,329,000 |
| Interest expense | 36,000 | 79,000 | 120,000 | 157,000 |
| Net interest income | 810,000 | 1,608,000 | 2,393,000 | 3,172,000 |
| Noninterest income | 64,000 | 134,000 | 199,000 | 272,000 |
| Noninterest expense | 585,000 | 1,186,000 | 1,772,000 | 2,431,000 |
| Provision for loan losses | 68,000 | 90,000 | 113,000 | 135,000 |
| Pretax income | 221,000 | 466,000 | 707,000 | 878,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 221,000 | 466,000 | 706,000 | 877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,806,000 | 11,848,000 | 11,962,000 | 12,053,000 |
| Total capital | 12,412,000 | 12,443,000 | 12,577,000 | 12,698,000 |
| Risk-weighted assets | 64,409,000 | 62,441,000 | 61,808,000 | 62,330,000 |