Call reports 2014
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2014
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 45,999,000 | 44,921,000 | 46,031,000 | 48,995,000 |
| Total loans | 18,304,000 | 15,778,000 | 15,593,000 | 19,022,000 |
| Allowance for loan losses | 1,091,000 | 1,105,000 | 1,105,000 | 1,046,000 |
| Securities available for sale | 27,186,000 | 27,461,000 | 27,341,000 | 27,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,800,000 | 36,689,000 | 37,464,000 | 40,100,000 |
| Interest-bearing deposits | 30,465,000 | 29,913,000 | 30,152,000 | 31,557,000 |
| Noninterest-bearing deposits | 6,335,000 | 6,776,000 | 7,312,000 | 8,543,000 |
| Equity capital | 7,737,000 | 8,216,000 | 8,552,000 | 8,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 457,000 | 852,000 | 1,265,000 | 1,658,000 |
| Interest expense | 33,000 | 64,000 | 91,000 | 118,000 |
| Net interest income | 424,000 | 788,000 | 1,174,000 | 1,540,000 |
| Noninterest income | 35,000 | 61,000 | 85,000 | 113,000 |
| Noninterest expense | 264,000 | 531,000 | 811,000 | 1,215,000 |
| Provision for loan losses | 0 | -6,000 | -10,000 | -10,000 |
| Pretax income | 97,000 | 218,000 | 389,000 | 371,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 97,000 | 218,000 | 389,000 | 371,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,466,000 | 8,587,000 | 8,759,000 | 8,740,000 |
| Total capital | 8,712,000 | 8,804,000 | 8,972,000 | 8,989,000 |
| Risk-weighted assets | 18,847,000 | 16,474,000 | 16,172,000 | 19,118,000 |