Call reports 2024
FIRST FARMERS NATIONAL BANK OF WAURIKA, THE — 2024
What FIRST FARMERS NATIONAL BANK OF WAURIKA, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 52,380,000 | 51,818,000 | 52,603,000 | 56,387,000 |
| Total loans | 22,046,000 | 14,144,000 | 13,304,000 | 19,895,000 |
| Allowance for loan losses | 1,024,000 | 1,025,000 | 1,034,000 | 1,029,000 |
| Securities available for sale | 27,105,000 | 26,351,000 | 27,901,000 | 27,144,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,293,000 | 44,876,000 | 44,646,000 | 49,373,000 |
| Interest-bearing deposits | 36,045,000 | 35,237,000 | 34,600,000 | 39,093,000 |
| Noninterest-bearing deposits | 9,248,000 | 9,639,000 | 10,046,000 | 10,280,000 |
| Equity capital | 6,472,000 | 6,807,000 | 7,824,000 | 6,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 652,000 | 1,282,000 | 1,917,000 | 2,580,000 |
| Interest expense | 220,000 | 469,000 | 709,000 | 943,000 |
| Net interest income | 432,000 | 813,000 | 1,208,000 | 1,637,000 |
| Noninterest income | 13,000 | 28,000 | 42,000 | 54,000 |
| Noninterest expense | 263,000 | 503,000 | 746,000 | 1,122,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 165,000 | 321,000 | 487,000 | 552,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 165,000 | 321,000 | 487,000 | 552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,707,000 | 10,863,000 | 11,029,000 | 10,953,000 |