Call reports 2011
FIRST FARMERS AND MERCHANTS BANK — 2011
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 954,937,000 | 963,777,000 | 984,985,000 | 1,013,787,000 |
| Total loans | 551,802,000 | 546,079,000 | 538,846,000 | 520,307,000 |
| Allowance for loan losses | 7,694,000 | 8,004,000 | 8,275,000 | 9,200,000 |
| Securities available for sale | 262,008,000 | 258,289,000 | 286,443,000 | 314,270,000 |
| Securities held to maturity | 38,571,000 | 37,302,000 | 36,407,000 | 35,214,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 815,316,000 | 814,984,000 | 828,205,000 | 856,878,000 |
| Interest-bearing deposits | 725,059,000 | 724,483,000 | 739,381,000 | 770,646,000 |
| Noninterest-bearing deposits | 90,257,000 | 90,501,000 | 88,824,000 | 86,232,000 |
| Equity capital | 103,661,000 | 104,932,000 | 108,864,000 | 109,148,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 9,572,000 | 19,355,000 | 29,028,000 | 38,448,000 |
| Interest expense | 1,372,000 | 2,626,000 | 3,806,000 | 4,942,000 |
| Net interest income | 8,200,000 | 16,729,000 | 25,222,000 | 33,506,000 |
| Noninterest income | 2,220,000 | 4,388,000 | 6,409,000 | 8,888,000 |
| Noninterest expense | 7,856,000 | 15,842,000 | 23,357,000 | 32,917,000 |
| Provision for loan losses | 725,000 | 1,475,000 | 2,225,000 | 3,125,000 |
| Pretax income | 1,899,000 | 4,234,000 | 7,184,000 | 7,810,000 |
| Income tax | 325,000 | 631,000 | 1,263,000 | 744,000 |
| Net income | 1,574,000 | 3,595,000 | 5,913,000 | 7,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,485,000 | 95,052,000 | 97,370,000 | 96,922,000 |
| Total capital | 103,179,000 | 103,056,000 | 105,420,000 | 104,851,000 |
| Risk-weighted assets | 644,071,000 | 640,976,000 | 643,802,000 | 633,729,000 |