Call reports 2011
FIRST FARMERS BANK & TRUST CO. — 2011
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 842,830,000 | 863,672,000 | 894,218,000 | 912,462,000 |
| Total loans | 622,030,000 | 651,547,000 | 681,789,000 | 698,277,000 |
| Allowance for loan losses | 8,266,000 | 8,447,000 | 8,483,000 | 8,423,000 |
| Securities available for sale | 106,577,000 | 111,796,000 | 126,784,000 | 127,353,000 |
| Securities held to maturity | 33,430,000 | 31,513,000 | 28,604,000 | 27,714,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 679,854,000 | 703,845,000 | 715,647,000 | 732,043,000 |
| Interest-bearing deposits | 557,858,000 | 582,037,000 | 580,609,000 | 579,744,000 |
| Noninterest-bearing deposits | 121,995,000 | 121,808,000 | 135,038,000 | 152,299,000 |
| Equity capital | 86,523,000 | 88,990,000 | 91,082,000 | 93,551,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 10,292,000 | 20,699,000 | 31,280,000 | 42,152,000 |
| Interest expense | 2,066,000 | 3,984,000 | 5,874,000 | 7,747,000 |
| Net interest income | 8,226,000 | 16,715,000 | 25,406,000 | 34,405,000 |
| Noninterest income | 2,082,000 | 4,005,000 | 6,109,000 | 8,234,000 |
| Noninterest expense | 5,340,000 | 10,618,000 | 16,078,000 | 21,893,000 |
| Provision for loan losses | 1,125,000 | 2,250,000 | 3,600,000 | 4,875,000 |
| Pretax income | 3,846,000 | 7,855,000 | 11,848,000 | 15,895,000 |
| Income tax | 1,115,000 | 2,289,000 | 3,466,000 | 4,405,000 |
| Net income | 2,731,000 | 5,566,000 | 8,382,000 | 11,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,334,000 | 79,230,000 | 81,229,000 | 83,820,000 |
| Total capital | 85,600,000 | 87,677,000 | 89,712,000 | 92,243,000 |
| Risk-weighted assets | 663,279,000 | 696,711,000 | 731,090,000 | 741,041,000 |