Call reports 2006
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2006
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 35,816,000 | 34,184,000 | 35,607,000 | 38,136,000 |
| Total loans | 17,418,000 | 13,571,000 | 12,883,000 | 16,624,000 |
| Allowance for loan losses | 1,019,000 | 1,019,000 | 1,015,000 | 1,016,000 |
| Securities available for sale | 13,544,000 | 16,748,000 | 19,152,000 | 18,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,444,000 | 25,411,000 | 25,905,000 | 26,245,000 |
| Interest-bearing deposits | 21,429,000 | 21,258,000 | 21,714,000 | 22,872,000 |
| Noninterest-bearing deposits | 4,015,000 | 4,153,000 | 4,191,000 | 3,373,000 |
| Equity capital | 6,989,000 | 6,682,000 | 7,116,000 | 7,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,069,000 | 1,588,000 | 2,206,000 |
| Interest expense | 191,000 | 398,000 | 612,000 | 846,000 |
| Net interest income | 369,000 | 671,000 | 976,000 | 1,360,000 |
| Noninterest income | 23,000 | 47,000 | 80,000 | 104,000 |
| Noninterest expense | 244,000 | 467,000 | 708,000 | 1,054,000 |
| Provision for loan losses | 0 | 0 | 10,000 | -88,000 |
| Pretax income | 148,000 | 251,000 | 338,000 | 482,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 148,000 | 251,000 | 338,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,485,000 | 7,489,000 | 7,513,000 | 7,417,000 |
| Total capital | 7,727,000 | 7,706,000 | 7,714,000 | 7,640,000 |
| Risk-weighted assets | 18,593,000 | 16,535,000 | 15,233,000 | 17,008,000 |