Call reports 2007
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2007
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 38,889,000 | 35,481,000 | 37,916,000 | 40,204,000 |
| Total loans | 17,501,000 | 13,865,000 | 13,781,000 | 16,306,000 |
| Allowance for loan losses | 1,016,000 | 1,007,000 | 1,004,000 | 1,004,000 |
| Securities available for sale | 18,111,000 | 17,678,000 | 20,537,000 | 20,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,749,000 | 26,164,000 | 28,627,000 | 30,107,000 |
| Interest-bearing deposits | 22,159,000 | 22,069,000 | 24,626,000 | 26,057,000 |
| Noninterest-bearing deposits | 4,590,000 | 4,095,000 | 4,001,000 | 4,050,000 |
| Equity capital | 7,332,000 | 6,708,000 | 7,366,000 | 7,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,254,000 | 1,828,000 | 2,465,000 |
| Interest expense | 268,000 | 539,000 | 799,000 | 1,070,000 |
| Net interest income | 361,000 | 715,000 | 1,029,000 | 1,395,000 |
| Noninterest income | 26,000 | 56,000 | 98,000 | 125,000 |
| Noninterest expense | 251,000 | 482,000 | 709,000 | 1,076,000 |
| Provision for loan losses | -2,000 | -14,000 | -17,000 | 48,000 |
| Pretax income | 145,000 | 315,000 | 438,000 | 398,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 145,000 | 315,000 | 438,000 | 398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,563,000 | 7,648,000 | 7,702,000 | 7,461,000 |
| Total capital | 7,806,000 | 7,850,000 | 7,914,000 | 7,680,000 |
| Risk-weighted assets | 18,647,000 | 15,369,000 | 16,093,000 | 16,740,000 |