Call reports 2014
FIRST FARMERS AND MERCHANTS BANK — 2014
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,122,332,000 | 1,109,144,000 | 1,125,371,000 | 1,166,449,000 |
| Total loans | 620,225,000 | 618,886,000 | 619,278,000 | 652,406,000 |
| Allowance for loan losses | 8,621,000 | 8,635,000 | 8,257,000 | 7,934,000 |
| Securities available for sale | 339,503,000 | 365,017,000 | 378,332,000 | 397,886,000 |
| Securities held to maturity | 26,912,000 | 23,902,000 | 23,859,000 | 21,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 986,299,000 | 967,016,000 | 976,622,000 | 1,020,225,000 |
| Interest-bearing deposits | 874,069,000 | 854,883,000 | 865,013,000 | 894,619,000 |
| Noninterest-bearing deposits | 112,230,000 | 112,133,000 | 111,609,000 | 125,606,000 |
| Equity capital | 105,567,000 | 107,676,000 | 109,047,000 | 111,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 9,169,000 | 18,397,000 | 27,889,000 | 37,309,000 |
| Interest expense | 620,000 | 1,243,000 | 1,848,000 | 2,405,000 |
| Net interest income | 8,549,000 | 17,154,000 | 26,041,000 | 34,904,000 |
| Noninterest income | 2,462,000 | 4,904,000 | 7,930,000 | 10,472,000 |
| Noninterest expense | 7,997,000 | 15,973,000 | 24,043,000 | 31,985,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,059,000 | 6,632,000 | 10,468,000 | 14,042,000 |
| Income tax | 713,000 | 1,654,000 | 2,685,000 | 3,556,000 |
| Net income | 2,346,000 | 4,970,000 | 7,775,000 | 10,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,578,000 | 101,901,000 | 104,058,000 | 104,620,000 |
| Total capital | 111,199,000 | 110,536,000 | 112,315,000 | 112,554,000 |
| Risk-weighted assets | 726,602,000 | 719,598,000 | 718,921,000 | 782,853,000 |