Call reports 2019
FIRST FARMERS AND MERCHANTS BANK — 2019
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,346,456,000 | 1,369,310,000 | 1,366,701,000 | 1,401,842,000 |
| Total loans | 891,487,000 | 890,556,000 | 901,560,000 | 937,310,000 |
| Allowance for loan losses | 9,278,000 | 9,227,000 | 8,937,000 | 8,960,000 |
| Securities available for sale | 322,642,000 | 323,369,000 | 329,756,000 | 329,796,000 |
| Securities held to maturity | 18,599,000 | 18,587,000 | 17,617,000 | 17,606,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,155,380,000 | 1,141,066,000 | 1,178,861,000 | 1,220,795,000 |
| Interest-bearing deposits | 980,792,000 | 953,290,000 | 993,963,000 | 1,021,693,000 |
| Noninterest-bearing deposits | 174,588,000 | 187,776,000 | 184,898,000 | 199,102,000 |
| Equity capital | 137,936,000 | 142,242,000 | 142,909,000 | 144,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 11,964,000 | 24,144,000 | 36,469,000 | 48,677,000 |
| Interest expense | 1,370,000 | 2,750,000 | 4,295,000 | 5,743,000 |
| Net interest income | 10,594,000 | 21,394,000 | 32,174,000 | 42,934,000 |
| Noninterest income | 5,662,000 | 8,942,000 | 12,362,000 | 15,688,000 |
| Noninterest expense | 9,479,000 | 19,547,000 | 29,345,000 | 39,159,000 |
| Provision for loan losses | 0 | -55,000 | -360,000 | -360,000 |
| Pretax income | 6,777,000 | 10,844,000 | 15,563,000 | 19,850,000 |
| Income tax | 1,320,000 | 1,931,000 | 2,651,000 | 3,347,000 |
| Net income | 5,457,000 | 8,905,000 | 12,904,000 | 16,487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,143,000 | 131,995,000 | 132,005,000 | 133,536,000 |
| Total capital | 139,421,000 | 141,222,000 | 140,942,000 | 142,496,000 |
| Risk-weighted assets | 930,680,000 | 932,528,000 | 933,913,000 | 968,083,000 |