Call reports 2016
FIRST & FARMERS NATIONAL BANK, INC. — 2016
What FIRST & FARMERS NATIONAL BANK, INC. 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 | 505,699,000 | 508,814,000 | 503,367,000 | 491,126,000 |
| Total loans | 253,594,000 | 262,342,000 | 266,362,000 | 273,451,000 |
| Allowance for loan losses | 4,167,000 | 4,054,000 | 4,017,000 | 3,965,000 |
| Securities available for sale | 198,204,000 | 196,919,000 | 188,996,000 | 171,707,000 |
| Securities held to maturity | 8,471,000 | 8,470,000 | 8,281,000 | 7,783,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,817,000 | 418,090,000 | 409,863,000 | 409,476,000 |
| Interest-bearing deposits | 320,712,000 | 319,736,000 | 311,432,000 | 310,742,000 |
| Noninterest-bearing deposits | 97,105,000 | 98,354,000 | 98,431,000 | 98,734,000 |
| Equity capital | 67,273,000 | 68,948,000 | 69,590,000 | 65,296,000 |
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 | 4,761,000 | 9,658,000 | 14,542,000 | 19,460,000 |
| Interest expense | 439,000 | 879,000 | 1,315,000 | 1,756,000 |
| Net interest income | 4,322,000 | 8,779,000 | 13,227,000 | 17,704,000 |
| Noninterest income | 685,000 | 1,351,000 | 2,028,000 | 2,695,000 |
| Noninterest expense | 3,418,000 | 6,848,000 | 10,346,000 | 14,048,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,589,000 | 3,282,000 | 4,929,000 | 6,380,000 |
| Income tax | 340,000 | 696,000 | 1,066,000 | 1,371,000 |
| Net income | 1,249,000 | 2,586,000 | 3,863,000 | 5,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,077,000 | 50,818,000 | 52,097,000 | 51,947,000 |
| Total capital | 54,988,000 | 54,864,000 | 56,114,000 | 55,912,000 |
| Risk-weighted assets | 312,647,000 | 323,655,000 | 327,812,000 | 355,018,000 |