Call reports 2016
FIRST FARMERS BANK & TRUST CO. — 2016
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,482,443,000 | 1,556,958,000 | 1,547,292,000 | 1,612,900,000 |
| Total loans | 1,107,100,000 | 1,152,585,000 | 1,153,390,000 | 1,167,615,000 |
| Allowance for loan losses | 13,093,000 | 12,811,000 | 13,311,000 | 13,575,000 |
| Securities available for sale | 274,235,000 | 278,074,000 | 278,978,000 | 276,487,000 |
| Securities held to maturity | 8,823,000 | 7,937,000 | 6,715,000 | 6,714,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,222,421,000 | 1,289,241,000 | 1,268,214,000 | 1,323,068,000 |
| Interest-bearing deposits | 934,232,000 | 1,010,581,000 | 979,682,000 | 1,002,766,000 |
| Noninterest-bearing deposits | 288,189,000 | 278,660,000 | 288,532,000 | 320,302,000 |
| Equity capital | 148,923,000 | 158,473,000 | 162,987,000 | 162,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 14,479,000 | 29,689,000 | 45,147,000 | 60,607,000 |
| Interest expense | 1,266,000 | 2,715,000 | 4,309,000 | 5,950,000 |
| Net interest income | 13,213,000 | 26,974,000 | 40,838,000 | 54,657,000 |
| Noninterest income | 2,797,000 | 6,575,000 | 9,950,000 | 13,280,000 |
| Noninterest expense | 9,509,000 | 21,089,000 | 31,569,000 | 41,429,000 |
| Provision for loan losses | 1,075,000 | 1,900,000 | 2,725,000 | 3,475,000 |
| Pretax income | 5,519,000 | 10,668,000 | 16,673,000 | 23,225,000 |
| Income tax | 1,508,000 | 2,752,000 | 4,436,000 | 6,129,000 |
| Net income | 4,011,000 | 7,916,000 | 12,237,000 | 17,096,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,322,000 | 148,393,000 | 152,901,000 | 155,079,000 |
| Total capital | 152,415,000 | 161,204,000 | 166,212,000 | 168,654,000 |
| Risk-weighted assets | 1,172,580,000 | 1,234,830,000 | 1,236,247,000 | 1,251,170,000 |