Call reports 2022
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2022
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 52,091,000 | 50,113,000 | 50,030,000 | 53,727,000 |
| Total loans | 19,547,000 | 15,742,000 | 15,710,000 | 19,460,000 |
| Allowance for loan losses | 1,031,000 | 1,027,000 | 1,028,000 | 1,028,000 |
| Securities available for sale | 29,982,000 | 30,852,000 | 32,471,000 | 30,659,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,232,000 | 43,388,000 | 44,408,000 | 47,297,000 |
| Interest-bearing deposits | 34,262,000 | 32,295,000 | 34,666,000 | 37,100,000 |
| Noninterest-bearing deposits | 9,970,000 | 11,093,000 | 9,742,000 | 10,197,000 |
| Equity capital | 7,837,000 | 6,694,000 | 5,552,000 | 5,878,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 449,000 | 895,000 | 1,348,000 | 1,919,000 |
| Interest expense | 18,000 | 45,000 | 92,000 | 182,000 |
| Net interest income | 431,000 | 850,000 | 1,256,000 | 1,737,000 |
| Noninterest income | 19,000 | 39,000 | 56,000 | 74,000 |
| Noninterest expense | 243,000 | 463,000 | 715,000 | 1,060,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 207,000 | 427,000 | 598,000 | 698,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 207,000 | 427,000 | 598,000 | 698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,590,000 | 9,810,000 | 9,981,000 | 10,081,000 |