Call reports 2008
FIRST FARMERS AND MERCHANTS BANK — 2008
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 858,918,000 | 876,279,000 | 880,536,000 | 907,661,000 |
| Total loans | 520,735,000 | 535,621,000 | 558,054,000 | 595,606,000 |
| Allowance for loan losses | 7,382,000 | 7,692,000 | 7,356,000 | 8,625,000 |
| Securities available for sale | 178,915,000 | 161,575,000 | 162,688,000 | 170,694,000 |
| Securities held to maturity | 72,843,000 | 68,145,000 | 63,305,000 | 59,427,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 700,837,000 | 721,201,000 | 719,287,000 | 744,886,000 |
| Interest-bearing deposits | 618,821,000 | 610,790,000 | 645,172,000 | 666,522,000 |
| Noninterest-bearing deposits | 82,016,000 | 110,411,000 | 74,115,000 | 78,364,000 |
| Equity capital | 106,553,000 | 100,961,000 | 104,208,000 | 104,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 11,226,000 | 22,453,000 | 33,658,000 | 44,903,000 |
| Interest expense | 3,386,000 | 6,509,000 | 9,537,000 | 12,457,000 |
| Net interest income | 7,840,000 | 15,944,000 | 24,121,000 | 32,446,000 |
| Noninterest income | 2,481,000 | 5,201,000 | 7,975,000 | 10,347,000 |
| Noninterest expense | 7,747,000 | 15,687,000 | 23,498,000 | 31,210,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 1,687,000 |
| Pretax income | 3,582,000 | 6,586,000 | 9,853,000 | 11,247,000 |
| Income tax | 788,000 | 1,246,000 | 1,695,000 | 1,967,000 |
| Net income | 2,794,000 | 5,340,000 | 8,158,000 | 9,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,952,000 | 94,484,000 | 96,339,000 | 93,948,000 |
| Total capital | 103,075,000 | 101,953,000 | 103,695,000 | 101,801,000 |
| Risk-weighted assets | 569,548,000 | 597,295,000 | 596,460,000 | 627,500,000 |
Machine access — free, no API key
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