Call reports 2002
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2002
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 38,746,000 | 38,875,000 | 39,772,000 | 39,808,000 |
| Total loans | 17,733,000 | 15,264,000 | 15,093,000 | 17,815,000 |
| Allowance for loan losses | 1,002,000 | 1,003,000 | 1,004,000 | 1,001,000 |
| Securities available for sale | 16,463,000 | 15,317,000 | 15,531,000 | 14,891,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,071,000 | 25,877,000 | 25,605,000 | 25,977,000 |
| Interest-bearing deposits | 23,260,000 | 22,475,000 | 22,303,000 | 23,118,000 |
| Noninterest-bearing deposits | 2,811,000 | 3,402,000 | 3,302,000 | 2,859,000 |
| Equity capital | 7,579,000 | 7,910,000 | 8,091,000 | 7,736,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 683,000 | 1,344,000 | 1,962,000 | 2,620,000 |
| Interest expense | 229,000 | 437,000 | 639,000 | 836,000 |
| Net interest income | 454,000 | 907,000 | 1,323,000 | 1,784,000 |
| Noninterest income | 28,000 | 61,000 | 90,000 | 125,000 |
| Noninterest expense | 255,000 | 495,000 | 736,000 | 1,076,000 |
| Provision for loan losses | 1,000 | 2,000 | 5,000 | 77,000 |
| Pretax income | 248,000 | 497,000 | 725,000 | 809,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 248,000 | 497,000 | 725,000 | 809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,425,000 | 7,524,000 | 7,602,000 | 7,258,000 |
| Total capital | 7,660,000 | 7,741,000 | 7,818,000 | 7,490,000 |
| Risk-weighted assets | 18,048,000 | 16,584,000 | 16,492,000 | 17,828,000 |