Call reports 2003
FIRST FARMERS BANK & TRUST CO. — 2003
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 369,295,000 | 391,663,000 | 392,292,000 | 397,621,000 |
| Total loans | 282,205,000 | 301,587,000 | 300,974,000 | 304,734,000 |
| Allowance for loan losses | 4,160,000 | 4,261,000 | 4,240,000 | 4,350,000 |
| Securities available for sale | 23,553,000 | 23,940,000 | 23,213,000 | 26,669,000 |
| Securities held to maturity | 34,880,000 | 35,762,000 | 36,427,000 | 35,188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,372,000 | 301,459,000 | 297,428,000 | 311,875,000 |
| Interest-bearing deposits | 253,171,000 | 251,961,000 | 245,884,000 | 257,848,000 |
| Noninterest-bearing deposits | 46,201,000 | 49,498,000 | 51,544,000 | 54,027,000 |
| Equity capital | 37,104,000 | 38,049,000 | 38,988,000 | 39,536,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,240,000 | 10,538,000 | 15,934,000 | 21,251,000 |
| Interest expense | 1,449,000 | 2,865,000 | 4,203,000 | 5,523,000 |
| Net interest income | 3,791,000 | 7,673,000 | 11,731,000 | 15,728,000 |
| Noninterest income | 1,253,000 | 2,766,000 | 4,156,000 | 5,175,000 |
| Noninterest expense | 2,662,000 | 5,272,000 | 8,091,000 | 11,429,000 |
| Provision for loan losses | 290,000 | 530,000 | 845,000 | 1,085,000 |
| Pretax income | 2,102,000 | 4,652,000 | 6,968,000 | 8,408,000 |
| Income tax | 682,000 | 1,563,000 | 2,348,000 | 2,781,000 |
| Net income | 1,420,000 | 3,089,000 | 4,620,000 | 5,627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,563,000 | 31,525,000 | 32,605,000 | 33,026,000 |
| Total capital | 34,204,000 | 35,376,000 | 36,511,000 | 36,951,000 |
| Risk-weighted assets | 290,775,000 | 307,636,000 | 312,055,000 | 313,557,000 |