Call reports 2021
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2021
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 53,155,000 | 52,974,000 | 52,306,000 | 54,522,000 |
| Total loans | 19,218,000 | 14,912,000 | 16,536,000 | 19,287,000 |
| Allowance for loan losses | 1,040,000 | 1,040,000 | 1,040,000 | 1,026,000 |
| Securities available for sale | 29,435,000 | 33,046,000 | 33,501,000 | 32,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,414,000 | 42,895,000 | 42,180,000 | 44,606,000 |
| Interest-bearing deposits | 33,436,000 | 33,062,000 | 32,873,000 | 34,920,000 |
| Noninterest-bearing deposits | 9,978,000 | 9,833,000 | 9,307,000 | 9,686,000 |
| Equity capital | 9,717,000 | 10,064,000 | 10,104,000 | 9,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 410,000 | 873,000 | 1,277,000 | 1,707,000 |
| Interest expense | 36,000 | 59,000 | 80,000 | 100,000 |
| Net interest income | 374,000 | 814,000 | 1,197,000 | 1,607,000 |
| Noninterest income | 15,000 | 33,000 | 50,000 | 69,000 |
| Noninterest expense | 235,000 | 472,000 | 693,000 | 1,045,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 154,000 | 375,000 | 556,000 | 633,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 154,000 | 375,000 | 556,000 | 633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,351,000 | 9,572,000 | 9,645,000 | 9,722,000 |