Call reports 2014
FIRST FARMERS BANK & TRUST CO. — 2014
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,232,616,000 | 1,239,497,000 | 1,253,190,000 | 1,334,488,000 |
| Total loans | 918,581,000 | 952,787,000 | 958,911,000 | 975,264,000 |
| Allowance for loan losses | 12,731,000 | 12,717,000 | 13,334,000 | 12,327,000 |
| Securities available for sale | 191,969,000 | 193,380,000 | 206,441,000 | 221,390,000 |
| Securities held to maturity | 18,527,000 | 17,865,000 | 16,161,000 | 14,260,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,017,106,000 | 979,877,000 | 994,888,000 | 1,103,421,000 |
| Interest-bearing deposits | 793,896,000 | 760,765,000 | 782,817,000 | 842,737,000 |
| Noninterest-bearing deposits | 223,210,000 | 219,112,000 | 212,071,000 | 260,684,000 |
| Equity capital | 126,016,000 | 129,447,000 | 134,784,000 | 136,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 12,374,000 | 25,059,000 | 37,777,000 | 51,188,000 |
| Interest expense | 1,107,000 | 2,190,000 | 3,298,000 | 4,449,000 |
| Net interest income | 11,267,000 | 22,869,000 | 34,479,000 | 46,739,000 |
| Noninterest income | 2,183,000 | 4,918,000 | 7,193,000 | 9,881,000 |
| Noninterest expense | 7,583,000 | 15,316,000 | 23,301,000 | 32,058,000 |
| Provision for loan losses | 450,000 | 750,000 | 1,200,000 | 1,500,000 |
| Pretax income | 5,417,000 | 11,722,000 | 17,145,000 | 23,049,000 |
| Income tax | 1,555,000 | 3,459,000 | 5,007,000 | 7,005,000 |
| Net income | 3,862,000 | 8,263,000 | 12,138,000 | 16,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,318,000 | 118,483,000 | 123,976,000 | 124,227,000 |
| Total capital | 127,688,000 | 131,200,000 | 136,656,000 | 136,554,000 |
| Risk-weighted assets | 989,172,000 | 1,021,870,000 | 1,015,141,000 | 1,036,138,000 |