Call reports 2013
FIRST FARMERS AND MERCHANTS BANK — 2013
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,111,584,000 | 1,060,803,000 | 1,074,450,000 | 1,087,955,000 |
| Total loans | 576,343,000 | 580,438,000 | 591,664,000 | 606,605,000 |
| Allowance for loan losses | 8,657,000 | 8,662,000 | 8,656,000 | 8,595,000 |
| Securities available for sale | 382,673,000 | 346,978,000 | 339,762,000 | 329,714,000 |
| Securities held to maturity | 30,983,000 | 29,906,000 | 28,810,000 | 27,839,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 963,537,000 | 921,762,000 | 936,077,000 | 957,360,000 |
| Interest-bearing deposits | 854,906,000 | 822,649,000 | 828,597,000 | 847,318,000 |
| Noninterest-bearing deposits | 108,631,000 | 99,113,000 | 107,480,000 | 110,042,000 |
| Equity capital | 109,787,000 | 102,806,000 | 102,773,000 | 101,225,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,354,000 | 18,994,000 | 28,470,000 | 37,901,000 |
| Interest expense | 833,000 | 1,584,000 | 2,264,000 | 2,907,000 |
| Net interest income | 8,521,000 | 17,410,000 | 26,206,000 | 34,994,000 |
| Noninterest income | 2,370,000 | 4,835,000 | 7,191,000 | 9,667,000 |
| Noninterest expense | 8,095,000 | 16,237,000 | 24,617,000 | 33,005,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,619,000 | 6,837,000 | 9,609,000 | 12,485,000 |
| Income tax | 556,000 | 1,399,000 | 2,178,000 | 2,700,000 |
| Net income | 3,063,000 | 5,430,000 | 7,423,000 | 9,769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,137,000 | 100,246,000 | 101,499,000 | 100,328,000 |
| Total capital | 109,794,000 | 108,908,000 | 110,155,000 | 108,923,000 |
| Risk-weighted assets | 704,439,000 | 700,354,000 | 708,321,000 | 714,637,000 |