Call reports 2006
FIRST FARMERS BANK & TRUST CO. — 2006
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 481,691,000 | 503,549,000 | 543,460,000 | 560,181,000 |
| Total loans | 365,624,000 | 380,426,000 | 407,993,000 | 416,263,000 |
| Allowance for loan losses | 4,580,000 | 4,384,000 | 4,659,000 | 4,968,000 |
| Securities available for sale | 37,414,000 | 44,925,000 | 45,097,000 | 46,985,000 |
| Securities held to maturity | 40,048,000 | 40,729,000 | 44,282,000 | 45,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,426,000 | 403,562,000 | 450,764,000 | 429,678,000 |
| Interest-bearing deposits | 333,881,000 | 346,409,000 | 383,381,000 | 355,031,000 |
| Noninterest-bearing deposits | 62,545,000 | 57,153,000 | 67,383,000 | 74,647,000 |
| Equity capital | 53,149,000 | 53,699,000 | 55,261,000 | 56,269,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 7,679,000 | 16,177,000 | 25,417,000 | 35,039,000 |
| Interest expense | 2,813,000 | 6,214,000 | 10,146,000 | 14,134,000 |
| Net interest income | 4,866,000 | 9,963,000 | 15,271,000 | 20,905,000 |
| Noninterest income | 1,352,000 | 2,785,000 | 4,122,000 | 5,478,000 |
| Noninterest expense | 3,210,000 | 6,479,000 | 9,898,000 | 13,939,000 |
| Provision for loan losses | 535,000 | 970,000 | 1,520,000 | 2,045,000 |
| Pretax income | 2,479,000 | 5,305,000 | 7,990,000 | 10,414,000 |
| Income tax | 766,000 | 1,659,000 | 2,486,000 | 3,196,000 |
| Net income | 1,713,000 | 3,646,000 | 5,504,000 | 7,218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,888,000 | 48,668,000 | 44,831,000 | 46,256,000 |
| Total capital | 52,468,000 | 53,052,000 | 49,490,000 | 51,224,000 |
| Risk-weighted assets | 382,127,000 | 402,189,000 | 433,735,000 | 443,918,000 |