Call reports 2002
FIRST FARMERS BANK & TRUST CO. — 2002
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 333,418,000 | 347,814,000 | 354,380,000 | 371,491,000 |
| Total loans | 241,152,000 | 254,664,000 | 268,099,000 | 283,189,000 |
| Allowance for loan losses | 3,246,000 | 3,466,000 | 3,697,000 | 3,931,000 |
| Securities available for sale | 26,515,000 | 26,753,000 | 21,755,000 | 19,920,000 |
| Securities held to maturity | 35,981,000 | 36,816,000 | 35,475,000 | 35,395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,406,000 | 278,311,000 | 282,298,000 | 291,940,000 |
| Interest-bearing deposits | 233,715,000 | 237,917,000 | 235,586,000 | 246,629,000 |
| Noninterest-bearing deposits | 42,691,000 | 40,393,000 | 46,712,000 | 45,312,000 |
| Equity capital | 33,338,000 | 33,985,000 | 35,393,000 | 35,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 5,105,000 | 10,403,000 | 15,758,000 | 21,128,000 |
| Interest expense | 1,649,000 | 3,330,000 | 5,003,000 | 6,603,000 |
| Net interest income | 3,456,000 | 7,073,000 | 10,755,000 | 14,525,000 |
| Noninterest income | 909,000 | 1,700,000 | 2,789,000 | 3,884,000 |
| Noninterest expense | 2,498,000 | 5,022,000 | 7,694,000 | 10,677,000 |
| Provision for loan losses | 210,000 | 420,000 | 705,000 | 1,045,000 |
| Pretax income | 1,668,000 | 3,357,000 | 5,175,000 | 6,719,000 |
| Income tax | 448,000 | 911,000 | 1,406,000 | 1,722,000 |
| Net income | 1,220,000 | 2,446,000 | 3,769,000 | 5,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,879,000 | 27,461,000 | 28,919,000 | 29,095,000 |
| Total capital | 30,071,000 | 30,784,000 | 32,367,000 | 32,711,000 |
| Risk-weighted assets | 255,272,000 | 265,722,000 | 275,606,000 | 288,953,000 |