Call reports 2004
FIRST FARMERS BANK & TRUST CO. — 2004
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 397,037,000 | 419,243,000 | 441,422,000 | 432,037,000 |
| Total loans | 303,514,000 | 323,248,000 | 326,255,000 | 326,058,000 |
| Allowance for loan losses | 4,580,000 | 4,500,000 | 4,299,000 | 4,102,000 |
| Securities available for sale | 26,796,000 | 28,012,000 | 32,209,000 | 33,714,000 |
| Securities held to maturity | 36,738,000 | 36,931,000 | 36,025,000 | 36,821,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,430,000 | 323,694,000 | 362,591,000 | 346,589,000 |
| Interest-bearing deposits | 258,532,000 | 267,878,000 | 301,181,000 | 282,975,000 |
| Noninterest-bearing deposits | 55,898,000 | 55,816,000 | 61,411,000 | 63,614,000 |
| Equity capital | 40,396,000 | 41,072,000 | 42,417,000 | 48,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 5,140,000 | 10,542,000 | 16,258,000 | 22,127,000 |
| Interest expense | 1,314,000 | 2,635,000 | 4,098,000 | 5,606,000 |
| Net interest income | 3,826,000 | 7,907,000 | 12,160,000 | 16,521,000 |
| Noninterest income | 1,062,000 | 2,358,000 | 3,743,000 | 4,814,000 |
| Noninterest expense | 2,766,000 | 5,608,000 | 8,504,000 | 11,600,000 |
| Provision for loan losses | 240,000 | 420,000 | 800,000 | 1,040,000 |
| Pretax income | 1,877,000 | 4,232,000 | 6,597,000 | 8,694,000 |
| Income tax | 581,000 | 1,345,000 | 2,113,000 | 2,773,000 |
| Net income | 1,296,000 | 2,887,000 | 4,484,000 | 5,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,905,000 | 35,214,000 | 36,162,000 | 42,164,000 |
| Total capital | 37,823,000 | 39,401,000 | 40,414,000 | 46,266,000 |
| Risk-weighted assets | 313,030,000 | 334,666,000 | 340,115,000 | 336,575,000 |