Call reports 2010
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2010
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 42,421,000 | 42,534,000 | 42,156,000 | 43,410,000 |
| Total loans | 20,091,000 | 14,968,000 | 16,204,000 | 20,373,000 |
| Allowance for loan losses | 1,001,000 | 1,001,000 | 1,001,000 | 1,001,000 |
| Securities available for sale | 18,196,000 | 19,489,000 | 20,377,000 | 21,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,401,000 | 33,065,000 | 32,712,000 | 35,567,000 |
| Interest-bearing deposits | 26,467,000 | 27,934,000 | 27,698,000 | 30,439,000 |
| Noninterest-bearing deposits | 4,934,000 | 5,131,000 | 5,014,000 | 5,128,000 |
| Equity capital | 8,803,000 | 9,004,000 | 9,395,000 | 7,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 688,000 | 1,260,000 | 1,874,000 | 2,436,000 |
| Interest expense | 89,000 | 176,000 | 258,000 | 338,000 |
| Net interest income | 599,000 | 1,084,000 | 1,616,000 | 2,098,000 |
| Noninterest income | 25,000 | 54,000 | 89,000 | 118,000 |
| Noninterest expense | 288,000 | 547,000 | 828,000 | 1,272,000 |
| Provision for loan losses | -3,000 | 0 | -3,000 | 85,000 |
| Pretax income | 347,000 | 605,000 | 897,000 | 876,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 347,000 | 605,000 | 897,000 | 876,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,252,000 | 8,482,000 | 8,739,000 | 7,932,000 |
| Total capital | 8,490,000 | 8,685,000 | 8,945,000 | 8,168,000 |
| Risk-weighted assets | 18,258,000 | 15,444,000 | 15,669,000 | 18,093,000 |