Call reports 2016
FIRST FARMERS AND MERCHANTS BANK — 2016
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,298,843,000 | 1,304,520,000 | 1,340,484,000 | 1,332,794,000 |
| Total loans | 740,249,000 | 785,508,000 | 821,568,000 | 821,785,000 |
| Allowance for loan losses | 8,689,000 | 9,064,000 | 9,353,000 | 9,348,000 |
| Securities available for sale | 388,959,000 | 375,884,000 | 362,554,000 | 392,583,000 |
| Securities held to maturity | 7,599,000 | 10,558,000 | 12,934,000 | 19,036,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,142,093,000 | 1,146,622,000 | 1,183,149,000 | 1,164,385,000 |
| Interest-bearing deposits | 988,435,000 | 992,679,000 | 999,772,000 | 1,006,385,000 |
| Noninterest-bearing deposits | 153,658,000 | 153,943,000 | 183,377,000 | 158,000,000 |
| Equity capital | 121,450,000 | 119,279,000 | 118,520,000 | 114,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,728,000 | 19,474,000 | 29,589,000 | 39,777,000 |
| Interest expense | 558,000 | 1,163,000 | 1,805,000 | 2,477,000 |
| Net interest income | 9,170,000 | 18,311,000 | 27,784,000 | 37,300,000 |
| Noninterest income | 2,579,000 | 5,320,000 | 8,113,000 | 10,874,000 |
| Noninterest expense | 8,141,000 | 16,298,000 | 24,783,000 | 33,728,000 |
| Provision for loan losses | 75,000 | 455,000 | 840,000 | 840,000 |
| Pretax income | 3,544,000 | 6,961,000 | 10,529,000 | 13,873,000 |
| Income tax | 842,000 | 1,658,000 | 2,569,000 | 3,301,000 |
| Net income | 2,702,000 | 5,295,000 | 7,952,000 | 10,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,621,000 | 105,610,000 | 105,966,000 | 107,187,000 |
| Total capital | 118,310,000 | 114,674,000 | 115,319,000 | 116,535,000 |
| Risk-weighted assets | 834,264,000 | 867,364,000 | 898,483,000 | 883,150,000 |