Call reports 2013
FIRST FARMERS BANK & TRUST CO. — 2013
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,131,071,000 | 1,141,149,000 | 1,158,018,000 | 1,225,231,000 |
| Total loans | 837,175,000 | 873,194,000 | 884,755,000 | 926,814,000 |
| Allowance for loan losses | 10,670,000 | 11,099,000 | 11,854,000 | 12,284,000 |
| Securities available for sale | 175,445,000 | 174,325,000 | 173,545,000 | 190,113,000 |
| Securities held to maturity | 21,328,000 | 21,325,000 | 20,127,000 | 19,873,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 935,508,000 | 909,338,000 | 926,791,000 | 1,012,389,000 |
| Interest-bearing deposits | 728,783,000 | 718,026,000 | 717,244,000 | 783,181,000 |
| Noninterest-bearing deposits | 206,725,000 | 191,312,000 | 209,547,000 | 229,208,000 |
| Equity capital | 111,080,000 | 111,941,000 | 118,996,000 | 122,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 11,718,000 | 23,806,000 | 35,948,000 | 48,519,000 |
| Interest expense | 1,210,000 | 2,314,000 | 3,354,000 | 4,460,000 |
| Net interest income | 10,508,000 | 21,492,000 | 32,594,000 | 44,059,000 |
| Noninterest income | 3,563,000 | 5,903,000 | 8,396,000 | 11,010,000 |
| Noninterest expense | 7,313,000 | 14,302,000 | 21,613,000 | 29,885,000 |
| Provision for loan losses | 1,050,000 | 1,905,000 | 2,760,000 | 3,435,000 |
| Pretax income | 5,718,000 | 11,201,000 | 16,630,000 | 21,762,000 |
| Income tax | 1,747,000 | 3,402,000 | 4,917,000 | 6,306,000 |
| Net income | 3,971,000 | 7,799,000 | 11,713,000 | 15,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,146,000 | 101,408,000 | 108,743,000 | 112,611,000 |
| Total capital | 108,816,000 | 112,507,000 | 120,597,000 | 124,895,000 |
| Risk-weighted assets | 916,053,000 | 948,237,000 | 958,348,000 | 991,151,000 |