Call reports 2015
FIRST FARMERS AND MERCHANTS BANK — 2015
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,214,774,000 | 1,208,761,000 | 1,226,431,000 | 1,255,692,000 |
| Total loans | 675,751,000 | 685,965,000 | 728,416,000 | 731,266,000 |
| Allowance for loan losses | 7,944,000 | 8,593,000 | 8,585,000 | 8,634,000 |
| Securities available for sale | 422,347,000 | 420,464,000 | 403,366,000 | 395,019,000 |
| Securities held to maturity | 17,966,000 | 7,410,000 | 3,210,000 | 4,059,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,064,027,000 | 1,056,888,000 | 1,061,671,000 | 1,104,111,000 |
| Interest-bearing deposits | 919,650,000 | 922,134,000 | 928,833,000 | 959,992,000 |
| Noninterest-bearing deposits | 144,377,000 | 134,754,000 | 132,838,000 | 144,119,000 |
| Equity capital | 115,546,000 | 112,283,000 | 116,771,000 | 114,653,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 9,413,000 | 19,228,000 | 29,123,000 | 39,038,000 |
| Interest expense | 565,000 | 1,122,000 | 1,678,000 | 2,225,000 |
| Net interest income | 8,848,000 | 18,106,000 | 27,445,000 | 36,813,000 |
| Noninterest income | 2,497,000 | 5,161,000 | 7,838,000 | 10,480,000 |
| Noninterest expense | 7,947,000 | 16,427,000 | 24,884,000 | 33,890,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 3,668,000 | 7,110,000 | 10,804,000 | 13,907,000 |
| Income tax | 976,000 | 1,653,000 | 2,577,000 | 3,349,000 |
| Net income | 2,692,000 | 5,449,000 | 8,219,000 | 10,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,176,000 | 105,663,000 | 107,514,000 | 106,918,000 |
| Total capital | 114,120,000 | 114,256,000 | 116,098,000 | 115,552,000 |
| Risk-weighted assets | 782,652,000 | 792,111,000 | 822,389,000 | 826,146,000 |