Call reports 2007
FIRST FARMERS BANK & TRUST CO. — 2007
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 559,212,000 | 587,241,000 | 597,103,000 | 606,646,000 |
| Total loans | 423,209,000 | 449,593,000 | 449,803,000 | 457,134,000 |
| Allowance for loan losses | 4,542,000 | 5,086,000 | 5,164,000 | 5,545,000 |
| Securities available for sale | 50,087,000 | 50,783,000 | 52,764,000 | 54,440,000 |
| Securities held to maturity | 44,137,000 | 43,726,000 | 42,969,000 | 42,183,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,260,000 | 468,149,000 | 486,496,000 | 472,592,000 |
| Interest-bearing deposits | 389,409,000 | 395,409,000 | 412,130,000 | 393,135,000 |
| Noninterest-bearing deposits | 71,851,000 | 72,740,000 | 74,366,000 | 79,457,000 |
| Equity capital | 57,382,000 | 71,639,000 | 64,945,000 | 66,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,633,000 | 19,746,000 | 30,292,000 | 40,407,000 |
| Interest expense | 4,143,000 | 8,571,000 | 13,195,000 | 17,368,000 |
| Net interest income | 5,490,000 | 11,175,000 | 17,097,000 | 23,039,000 |
| Noninterest income | 1,521,000 | 3,363,000 | 5,200,000 | 7,011,000 |
| Noninterest expense | 4,013,000 | 8,159,000 | 12,548,000 | 16,792,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,925,000 | 2,450,000 |
| Pretax income | 2,418,000 | 5,203,000 | 7,851,000 | 10,835,000 |
| Income tax | 699,000 | 1,532,000 | 2,310,000 | 3,227,000 |
| Net income | 1,719,000 | 3,671,000 | 5,541,000 | 7,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,556,000 | 62,001,000 | 54,939,000 | 57,259,000 |
| Total capital | 52,098,000 | 67,087,000 | 60,103,000 | 62,804,000 |
| Risk-weighted assets | 450,175,000 | 473,702,000 | 481,930,000 | 488,219,000 |