Call reports 2019
FIRST FARMERS & MERCHANTS STATE BANK — 2019
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 74,782,000 | 75,379,000 | 73,527,000 | 76,345,000 |
| Total loans | 51,715,000 | 54,008,000 | 53,696,000 | 55,439,000 |
| Allowance for loan losses | 682,000 | 642,000 | 597,000 | 612,000 |
| Securities available for sale | 14,978,000 | 12,987,000 | 12,031,000 | 12,983,000 |
| Securities held to maturity | 433,000 | 423,000 | 423,000 | 423,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,449,000 | 61,011,000 | 58,987,000 | 61,706,000 |
| Interest-bearing deposits | 50,939,000 | 51,240,000 | 50,314,000 | 51,432,000 |
| Noninterest-bearing deposits | 9,510,000 | 9,771,000 | 8,673,000 | 10,274,000 |
| Equity capital | 13,799,000 | 13,877,000 | 14,075,000 | 14,212,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 855,000 | 1,671,000 | 2,543,000 | 3,384,000 |
| Interest expense | 43,000 | 84,000 | 130,000 | 189,000 |
| Net interest income | 812,000 | 1,587,000 | 2,413,000 | 3,195,000 |
| Noninterest income | 59,000 | 130,000 | 202,000 | 276,000 |
| Noninterest expense | 588,000 | 1,198,000 | 1,759,000 | 2,331,000 |
| Provision for loan losses | 0 | 10,000 | 25,000 | 40,000 |
| Pretax income | 283,000 | 509,000 | 831,000 | 1,100,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 283,000 | 509,000 | 831,000 | 1,099,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,607,000 | 13,643,000 | 13,769,000 | 13,921,000 |
| Total capital | 14,289,000 | 14,285,000 | 14,366,000 | 14,533,000 |
| Risk-weighted assets | 62,512,000 | 63,625,000 | 63,769,000 | 65,245,000 |