Call reports 2018
FIRST FARMERS AND MERCHANTS BANK — 2018
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,372,238,000 | 1,366,102,000 | 1,362,938,000 | 1,365,071,000 |
| Total loans | 863,150,000 | 870,351,000 | 871,334,000 | 895,191,000 |
| Allowance for loan losses | 9,171,000 | 9,187,000 | 9,206,000 | 9,282,000 |
| Securities available for sale | 382,889,000 | 370,917,000 | 355,698,000 | 332,237,000 |
| Securities held to maturity | 18,667,000 | 18,660,000 | 18,652,000 | 18,644,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,203,766,000 | 1,192,300,000 | 1,164,854,000 | 1,175,302,000 |
| Interest-bearing deposits | 1,021,787,000 | 1,014,088,000 | 991,856,000 | 998,881,000 |
| Noninterest-bearing deposits | 181,979,000 | 178,212,000 | 172,998,000 | 176,421,000 |
| Equity capital | 123,495,000 | 124,984,000 | 125,873,000 | 131,267,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 10,898,000 | 22,301,000 | 34,036,000 | 46,411,000 |
| Interest expense | 840,000 | 1,748,000 | 2,846,000 | 4,172,000 |
| Net interest income | 10,058,000 | 20,553,000 | 31,190,000 | 42,239,000 |
| Noninterest income | 3,253,000 | 6,532,000 | 9,912,000 | 13,715,000 |
| Noninterest expense | 9,511,000 | 18,482,000 | 28,132,000 | 38,548,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 3,800,000 | 8,603,000 | 12,970,000 | 17,145,000 |
| Income tax | 571,000 | 1,374,000 | 2,082,000 | 2,593,000 |
| Net income | 3,229,000 | 7,221,000 | 10,880,000 | 14,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,479,000 | 121,954,000 | 124,069,000 | 126,174,000 |
| Total capital | 128,650,000 | 131,141,000 | 133,275,000 | 135,456,000 |
| Risk-weighted assets | 909,863,000 | 919,460,000 | 921,920,000 | 939,209,000 |