Call reports 2017
FIRST FARMERS AND MERCHANTS BANK — 2017
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,369,959,000 | 1,364,904,000 | 1,346,375,000 | 1,375,948,000 |
| Total loans | 841,528,000 | 858,781,000 | 859,751,000 | 855,632,000 |
| Allowance for loan losses | 9,365,000 | 9,259,000 | 9,286,000 | 9,122,000 |
| Securities available for sale | 402,532,000 | 378,433,000 | 365,597,000 | 371,773,000 |
| Securities held to maturity | 18,698,000 | 18,691,000 | 18,683,000 | 18,675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,215,062,000 | 1,185,608,000 | 1,172,065,000 | 1,207,143,000 |
| Interest-bearing deposits | 1,041,797,000 | 1,020,859,000 | 1,016,275,000 | 1,013,681,000 |
| Noninterest-bearing deposits | 173,265,000 | 164,749,000 | 155,790,000 | 193,462,000 |
| Equity capital | 115,779,000 | 117,105,000 | 119,156,000 | 124,670,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 10,270,000 | 20,909,000 | 31,704,000 | 42,633,000 |
| Interest expense | 700,000 | 1,480,000 | 2,283,000 | 3,101,000 |
| Net interest income | 9,570,000 | 19,429,000 | 29,421,000 | 39,532,000 |
| Noninterest income | 2,671,000 | 5,569,000 | 8,739,000 | 11,812,000 |
| Noninterest expense | 9,236,000 | 18,122,000 | 27,268,000 | 36,205,000 |
| Provision for loan losses | 0 | 0 | 0 | -225,000 |
| Pretax income | 3,005,000 | 6,897,000 | 10,913,000 | 15,385,000 |
| Income tax | 555,000 | 1,526,000 | 2,512,000 | 4,726,000 |
| Net income | 2,450,000 | 5,363,000 | 8,393,000 | 10,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,308,000 | 108,702,000 | 110,465,000 | 117,099,000 |
| Total capital | 117,673,000 | 117,962,000 | 119,751,000 | 126,221,000 |
| Risk-weighted assets | 899,497,000 | 899,025,000 | 885,774,000 | 904,309,000 |