Call reports 2001
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2001
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 37,662,000 | 38,305,000 | 38,290,000 | 40,052,000 |
| Total loans | 16,754,000 | 13,491,000 | 14,023,000 | 16,988,000 |
| Allowance for loan losses | 821,000 | 822,000 | 831,000 | 1,000,000 |
| Securities available for sale | 18,758,000 | 18,264,000 | 21,200,000 | 17,684,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,858,000 | 26,487,000 | 26,129,000 | 27,480,000 |
| Interest-bearing deposits | 22,908,000 | 23,667,000 | 23,080,000 | 24,338,000 |
| Noninterest-bearing deposits | 2,950,000 | 2,820,000 | 3,049,000 | 3,142,000 |
| Equity capital | 7,665,000 | 7,673,000 | 8,051,000 | 7,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 693,000 | 1,412,000 | 2,070,000 | 2,804,000 |
| Interest expense | 312,000 | 630,000 | 905,000 | 1,164,000 |
| Net interest income | 381,000 | 782,000 | 1,165,000 | 1,640,000 |
| Noninterest income | 23,000 | 50,000 | 77,000 | 110,000 |
| Noninterest expense | 217,000 | 418,000 | 630,000 | 956,000 |
| Provision for loan losses | 0 | 0 | 0 | 208,000 |
| Pretax income | 207,000 | 435,000 | 661,000 | 709,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 207,000 | 435,000 | 661,000 | 709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,276,000 | 7,379,000 | 7,430,000 | 7,177,000 |
| Total capital | 7,504,000 | 7,572,000 | 7,629,000 | 7,409,000 |
| Risk-weighted assets | 17,678,000 | 14,925,000 | 15,271,000 | 17,819,000 |