Call reports 2017
FIRST FARMERS & MERCHANTS STATE BANK — 2017
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 82,262,000 | 80,958,000 | 78,289,000 | 79,582,000 |
| Total loans | 52,793,000 | 57,976,000 | 54,700,000 | 55,474,000 |
| Allowance for loan losses | 683,000 | 685,000 | 686,000 | 688,000 |
| Securities available for sale | 22,070,000 | 20,025,000 | 18,963,000 | 17,175,000 |
| Securities held to maturity | 0 | 0 | 0 | 594,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,095,000 | 64,343,000 | 64,868,000 | 66,196,000 |
| Interest-bearing deposits | 55,781,000 | 50,869,000 | 56,427,000 | 56,340,000 |
| Noninterest-bearing deposits | 13,314,000 | 13,474,000 | 8,441,000 | 9,856,000 |
| Equity capital | 12,619,000 | 12,752,000 | 12,844,000 | 12,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 792,000 | 1,618,000 | 2,485,000 | 3,321,000 |
| Interest expense | 34,000 | 71,000 | 107,000 | 138,000 |
| Net interest income | 758,000 | 1,547,000 | 2,378,000 | 3,183,000 |
| Noninterest income | 68,000 | 131,000 | 198,000 | 265,000 |
| Noninterest expense | 598,000 | 1,181,000 | 1,781,000 | 2,343,000 |
| Provision for loan losses | 23,000 | 23,000 | 23,000 | 23,000 |
| Pretax income | 205,000 | 474,000 | 772,000 | 1,082,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 205,000 | 474,000 | 772,000 | 1,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,257,000 | 12,383,000 | 12,489,000 | 12,640,000 |
| Total capital | 12,940,000 | 13,068,000 | 13,175,000 | 13,328,000 |
| Risk-weighted assets | 60,011,000 | 64,630,000 | 62,116,000 | 62,724,000 |