Call reports 2021
FIRST FARMERS AND MERCHANTS BANK — 2021
What FIRST FARMERS AND MERCHANTS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,877,063,000 | 1,876,828,000 | 1,918,051,000 | 1,970,197,000 |
| Total loans | 929,967,000 | 909,822,000 | 905,085,000 | 889,088,000 |
| Allowance for loan losses | 9,575,000 | 9,581,000 | 9,590,000 | 9,605,000 |
| Securities available for sale | 809,640,000 | 766,552,000 | 829,180,000 | 876,987,000 |
| Securities held to maturity | 16,584,000 | 16,573,000 | 16,562,000 | 15,128,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,706,481,000 | 1,696,294,000 | 1,736,807,000 | 1,791,291,000 |
| Interest-bearing deposits | 1,247,870,000 | 1,230,934,000 | 1,246,296,000 | 1,268,481,000 |
| Noninterest-bearing deposits | 458,611,000 | 465,360,000 | 490,511,000 | 522,810,000 |
| Equity capital | 152,284,000 | 161,572,000 | 161,076,000 | 158,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 11,419,000 | 23,335,000 | 35,535,000 | 47,736,000 |
| Interest expense | 777,000 | 1,464,000 | 1,981,000 | 2,381,000 |
| Net interest income | 10,642,000 | 21,871,000 | 33,554,000 | 45,355,000 |
| Noninterest income | 3,380,000 | 8,691,000 | 12,166,000 | 15,725,000 |
| Noninterest expense | 10,574,000 | 20,374,000 | 30,661,000 | 42,503,000 |
| Provision for loan losses | -150,000 | -150,000 | -150,000 | -150,000 |
| Pretax income | 3,719,000 | 10,524,000 | 15,576,000 | 19,348,000 |
| Income tax | 600,000 | 2,035,000 | 2,906,000 | 3,488,000 |
| Net income | 3,119,000 | 8,481,000 | 12,662,000 | 15,844,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,543,000 | 149,569,000 | 151,696,000 | 153,568,000 |
| Total capital | 155,118,000 | 159,150,000 | 161,286,000 | 163,173,000 |
| Risk-weighted assets | 1,059,438,000 | 1,078,928,000 | 1,024,086,000 | 1,071,067,000 |