Call reports 2003
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2003
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 39,404,000 | 39,409,000 | 39,076,000 | 39,514,000 |
| Total loans | 18,694,000 | 14,748,000 | 14,878,000 | 17,645,000 |
| Allowance for loan losses | 1,002,000 | 1,004,000 | 1,004,000 | 1,004,000 |
| Securities available for sale | 13,346,000 | 13,175,000 | 14,454,000 | 14,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,494,000 | 25,431,000 | 25,336,000 | 26,044,000 |
| Interest-bearing deposits | 22,202,000 | 22,261,000 | 21,551,000 | 22,753,000 |
| Noninterest-bearing deposits | 3,292,000 | 3,170,000 | 3,785,000 | 3,291,000 |
| Equity capital | 7,830,000 | 7,890,000 | 7,654,000 | 7,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,219,000 | 1,822,000 | 2,350,000 |
| Interest expense | 179,000 | 354,000 | 514,000 | 661,000 |
| Net interest income | 450,000 | 865,000 | 1,308,000 | 1,689,000 |
| Noninterest income | 28,000 | 64,000 | 94,000 | 128,000 |
| Noninterest expense | 246,000 | 528,000 | 798,000 | 1,158,000 |
| Provision for loan losses | 0 | 23,000 | 23,000 | 76,000 |
| Pretax income | 272,000 | 418,000 | 666,000 | 668,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 272,000 | 418,000 | 666,000 | 668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,530,000 | 7,514,000 | 7,609,000 | 7,319,000 |
| Total capital | 7,770,000 | 7,737,000 | 7,818,000 | 7,548,000 |
| Risk-weighted assets | 18,836,000 | 17,088,000 | 15,919,000 | 17,576,000 |