Call reports 2023
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2023
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 51,932,000 | 51,136,000 | 51,227,000 | 53,926,000 |
| Total loans | 19,721,000 | 16,667,000 | 16,615,000 | 22,119,000 |
| Allowance for loan losses | 1,029,000 | 1,030,000 | 1,033,000 | 1,023,000 |
| Securities available for sale | 29,723,000 | 28,618,000 | 27,794,000 | 28,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,338,000 | 45,072,000 | 45,203,000 | 46,756,000 |
| Interest-bearing deposits | 35,880,000 | 36,067,000 | 34,978,000 | 36,170,000 |
| Noninterest-bearing deposits | 9,458,000 | 9,005,000 | 10,225,000 | 10,586,000 |
| Equity capital | 6,375,000 | 5,985,000 | 5,932,000 | 6,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 602,000 | 1,186,000 | 1,773,000 | 2,392,000 |
| Interest expense | 134,000 | 301,000 | 501,000 | 715,000 |
| Net interest income | 468,000 | 885,000 | 1,272,000 | 1,677,000 |
| Noninterest income | 18,000 | 34,000 | 50,000 | 68,000 |
| Noninterest expense | 253,000 | 511,000 | 758,000 | 1,130,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 220,000 | 395,000 | 551,000 | 602,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 220,000 | 395,000 | 551,000 | 602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,301,000 | 10,335,000 | 10,491,000 | 10,542,000 |