Call reports 2022
FIRST FARMERS & MERCHANTS STATE BANK — 2022
What FIRST FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 97,363,000 | 97,162,000 | 95,694,000 | 98,894,000 |
| Total loans | 63,361,000 | 68,748,000 | 70,124,000 | 72,960,000 |
| Allowance for loan losses | 793,000 | 793,000 | 792,000 | 788,000 |
| Securities available for sale | 24,445,000 | 25,790,000 | 21,911,000 | 22,162,000 |
| Securities held to maturity | 77,000 | 77,000 | 77,000 | 77,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,248,000 | 80,497,000 | 81,218,000 | 77,797,000 |
| Interest-bearing deposits | 67,184,000 | 65,744,000 | 66,904,000 | 62,443,000 |
| Noninterest-bearing deposits | 16,064,000 | 14,753,000 | 14,314,000 | 15,354,000 |
| Equity capital | 13,857,000 | 13,265,000 | 5,998,000 | 6,475,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 701,000 | 1,485,000 | 2,365,000 | 3,341,000 |
| Interest expense | 16,000 | 52,000 | 111,000 | 238,000 |
| Net interest income | 685,000 | 1,433,000 | 2,254,000 | 3,103,000 |
| Noninterest income | 62,000 | 128,000 | 192,000 | 252,000 |
| Noninterest expense | 550,000 | 1,115,000 | 1,711,000 | 2,340,000 |
| Provision for loan losses | 2,000 | 2,000 | 2,000 | 2,000 |
| Pretax income | 195,000 | 444,000 | 733,000 | 1,013,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 195,000 | 444,000 | 733,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,990,000 | 15,062,000 | 8,672,000 | 8,902,000 |
| Total capital | 15,783,000 | 15,855,000 | 9,464,000 | 9,690,000 |
| Risk-weighted assets | 77,865,000 | 81,070,000 | 82,700,000 | 84,855,000 |