Call reports 2016
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2016
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 45,890,000 | 44,642,000 | 44,459,000 | 46,715,000 |
| Total loans | 20,299,000 | 16,932,000 | 15,914,000 | 19,505,000 |
| Allowance for loan losses | 1,039,000 | 1,026,000 | 1,044,000 | 1,039,000 |
| Securities available for sale | 23,693,000 | 23,143,000 | 25,674,000 | 23,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,561,000 | 35,087,000 | 34,822,000 | 35,482,000 |
| Interest-bearing deposits | 28,577,000 | 27,993,000 | 27,587,000 | 28,546,000 |
| Noninterest-bearing deposits | 6,984,000 | 7,094,000 | 7,235,000 | 6,936,000 |
| Equity capital | 9,315,000 | 9,543,000 | 9,621,000 | 8,721,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 437,000 | 832,000 | 1,202,000 | 1,598,000 |
| Interest expense | 25,000 | 49,000 | 72,000 | 95,000 |
| Net interest income | 412,000 | 783,000 | 1,130,000 | 1,503,000 |
| Noninterest income | 25,000 | 53,000 | 82,000 | 115,000 |
| Noninterest expense | 284,000 | 547,000 | 822,000 | 1,203,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 180,000 | 333,000 | 442,000 | 504,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 180,000 | 333,000 | 442,000 | 504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,898,000 | 9,051,000 | 9,100,000 | 9,162,000 |
| Total capital | 9,157,000 | 9,295,000 | 9,323,000 | 9,424,000 |
| Risk-weighted assets | 19,902,000 | 18,769,000 | 17,015,000 | 20,210,000 |