Call reports 2020
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2020
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 46,207,000 | 49,098,000 | 48,292,000 | 51,520,000 |
| Total loans | 21,663,000 | 16,103,000 | 15,535,000 | 17,926,000 |
| Allowance for loan losses | 1,020,000 | 1,021,000 | 1,039,000 | 1,039,000 |
| Securities available for sale | 20,563,000 | 22,509,000 | 22,917,000 | 25,515,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,661,000 | 38,839,000 | 37,933,000 | 41,070,000 |
| Interest-bearing deposits | 28,406,000 | 27,885,000 | 28,676,000 | 31,210,000 |
| Noninterest-bearing deposits | 8,255,000 | 10,954,000 | 9,257,000 | 9,860,000 |
| Equity capital | 9,506,000 | 10,222,000 | 10,315,000 | 10,424,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 526,000 | 967,000 | 1,336,000 | 1,735,000 |
| Interest expense | 70,000 | 129,000 | 174,000 | 212,000 |
| Net interest income | 456,000 | 838,000 | 1,162,000 | 1,523,000 |
| Noninterest income | 17,000 | 45,000 | 65,000 | 77,000 |
| Noninterest expense | 261,000 | 508,000 | 743,000 | 1,102,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 200,000 | 356,000 | 468,000 | 482,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 200,000 | 356,000 | 468,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,342,000 | 9,498,000 | 9,610,000 | 9,623,000 |
| Total capital | 9,650,000 | — | — | — |
| Risk-weighted assets | 23,910,000 | — | — | — |