Call reports 2015
FIRST FARMERS BANK & TRUST CO. — 2015
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,312,137,000 | 1,443,344,000 | 1,474,096,000 | 1,476,311,000 |
| Total loans | 961,793,000 | 1,066,307,000 | 1,104,167,000 | 1,091,228,000 |
| Allowance for loan losses | 12,641,000 | 12,971,000 | 13,566,000 | 13,289,000 |
| Securities available for sale | 222,775,000 | 267,151,000 | 269,425,000 | 271,629,000 |
| Securities held to maturity | 12,132,000 | 11,689,000 | 10,802,000 | 10,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,080,811,000 | 1,198,795,000 | 1,213,878,000 | 1,227,834,000 |
| Interest-bearing deposits | 831,183,000 | 935,140,000 | 940,889,000 | 934,608,000 |
| Noninterest-bearing deposits | 249,628,000 | 263,655,000 | 272,989,000 | 293,226,000 |
| Equity capital | 139,299,000 | 150,381,000 | 151,847,000 | 153,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 12,650,000 | 26,945,000 | 41,743,000 | 56,237,000 |
| Interest expense | 1,104,000 | 2,226,000 | 3,395,000 | 4,596,000 |
| Net interest income | 11,546,000 | 24,719,000 | 38,348,000 | 51,641,000 |
| Noninterest income | 2,721,000 | 5,975,000 | 9,315,000 | 12,702,000 |
| Noninterest expense | 9,016,000 | 18,789,000 | 28,742,000 | 38,956,000 |
| Provision for loan losses | 450,000 | 750,000 | 1,200,000 | 1,650,000 |
| Pretax income | 4,801,000 | 11,159,000 | 17,732,000 | 23,754,000 |
| Income tax | 1,313,000 | 3,176,000 | 5,143,000 | 6,968,000 |
| Net income | 3,488,000 | 7,983,000 | 12,589,000 | 16,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,232,000 | 141,742,000 | 142,779,000 | 145,253,000 |
| Total capital | 142,873,000 | 154,713,000 | 156,345,000 | 158,542,000 |
| Risk-weighted assets | 1,016,134,000 | 1,119,378,000 | 1,161,750,000 | 1,162,311,000 |