Call reports 2023
FIRST & FARMERS NATIONAL BANK, INC. — 2023
What FIRST & FARMERS NATIONAL BANK, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 646,758,000 | 638,861,000 | 642,614,000 | 651,306,000 |
| Total loans | 399,092,000 | 418,748,000 | 431,442,000 | 442,964,000 |
| Allowance for loan losses | 6,113,000 | 6,204,000 | 6,285,000 | 6,713,000 |
| Securities available for sale | 183,715,000 | 173,577,000 | 165,472,000 | 166,565,000 |
| Securities held to maturity | 500,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 570,139,000 | 559,523,000 | 562,469,000 | 559,363,000 |
| Interest-bearing deposits | 405,172,000 | 388,750,000 | 397,038,000 | 405,024,000 |
| Noninterest-bearing deposits | 164,967,000 | 170,773,000 | 165,431,000 | 154,339,000 |
| Equity capital | 64,318,000 | 64,407,000 | 63,402,000 | 66,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,231,000 | 12,885,000 | 19,858,000 | 27,211,000 |
| Interest expense | 972,000 | 2,193,000 | 3,717,000 | 5,697,000 |
| Net interest income | 5,259,000 | 10,692,000 | 16,141,000 | 21,514,000 |
| Noninterest income | 684,000 | 1,404,000 | 2,140,000 | 2,914,000 |
| Noninterest expense | 3,968,000 | 8,768,000 | 12,874,000 | 17,357,000 |
| Provision for loan losses | 75,000 | 175,000 | 275,000 | 535,000 |
| Pretax income | 1,900,000 | 3,127,000 | 5,104,000 | 6,509,000 |
| Income tax | 332,000 | 508,000 | 875,000 | 1,109,000 |
| Net income | 1,568,000 | 2,619,000 | 4,229,000 | 5,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,486,000 | 68,036,000 | 69,636,000 | 69,072,000 |
| Total capital | 72,448,000 | 74,228,000 | 75,961,000 | 75,477,000 |
| Risk-weighted assets | 476,639,000 | 495,187,000 | 505,892,000 | 511,917,000 |