Call reports 2010
FIRST FARMERS BANK & TRUST CO. — 2010
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 797,867,000 | 811,062,000 | 821,817,000 | 847,391,000 |
| Total loans | 598,249,000 | 620,001,000 | 616,789,000 | 655,745,000 |
| Allowance for loan losses | 6,777,000 | 7,502,000 | 8,123,000 | 8,288,000 |
| Securities available for sale | 79,810,000 | 85,512,000 | 88,817,000 | 98,140,000 |
| Securities held to maturity | 40,515,000 | 39,793,000 | 37,735,000 | 35,641,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 641,594,000 | 646,228,000 | 641,564,000 | 651,948,000 |
| Interest-bearing deposits | 537,184,000 | 548,426,000 | 527,060,000 | 524,466,000 |
| Noninterest-bearing deposits | 104,410,000 | 97,802,000 | 114,504,000 | 127,481,000 |
| Equity capital | 79,013,000 | 81,087,000 | 82,878,000 | 84,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 9,720,000 | 19,846,000 | 30,217,000 | 40,486,000 |
| Interest expense | 2,232,000 | 4,548,000 | 6,898,000 | 9,079,000 |
| Net interest income | 7,488,000 | 15,298,000 | 23,319,000 | 31,407,000 |
| Noninterest income | 1,900,000 | 3,720,000 | 5,722,000 | 8,043,000 |
| Noninterest expense | 5,384,000 | 10,690,000 | 16,675,000 | 22,105,000 |
| Provision for loan losses | 1,200,000 | 2,400,000 | 3,525,000 | 4,500,000 |
| Pretax income | 2,807,000 | 5,935,000 | 8,850,000 | 12,858,000 |
| Income tax | 800,000 | 1,650,000 | 2,333,000 | 3,452,000 |
| Net income | 2,007,000 | 4,285,000 | 6,517,000 | 9,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,239,000 | 71,230,000 | 72,863,000 | 75,192,000 |
| Total capital | 76,016,000 | 78,732,000 | 80,986,000 | 83,480,000 |
| Risk-weighted assets | 629,329,000 | 650,279,000 | 655,547,000 | 697,687,000 |