Call reports 2017
FIRST FARMERS BANK & TRUST CO. — 2017
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,606,042,000 | 1,595,827,000 | 1,642,596,000 | 1,671,238,000 |
| Total loans | 1,181,402,000 | 1,216,517,000 | 1,228,409,000 | 1,233,997,000 |
| Allowance for loan losses | 13,919,000 | 14,948,000 | 15,267,000 | 14,937,000 |
| Securities available for sale | 276,448,000 | 279,250,000 | 293,033,000 | 290,373,000 |
| Securities held to maturity | 5,938,000 | 5,733,000 | 5,457,000 | 5,036,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,306,349,000 | 1,268,976,000 | 1,320,267,000 | 1,335,998,000 |
| Interest-bearing deposits | 995,308,000 | 978,567,000 | 1,019,700,000 | 1,015,914,000 |
| Noninterest-bearing deposits | 311,041,000 | 290,409,000 | 300,567,000 | 320,084,000 |
| Equity capital | 165,952,000 | 170,369,000 | 173,372,000 | 177,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 15,803,000 | 32,714,000 | 50,039,000 | 67,892,000 |
| Interest expense | 1,690,000 | 3,527,000 | 5,731,000 | 8,113,000 |
| Net interest income | 14,113,000 | 29,187,000 | 44,308,000 | 59,779,000 |
| Noninterest income | 3,925,000 | 7,195,000 | 10,103,000 | 12,084,000 |
| Noninterest expense | 9,995,000 | 20,000,000 | 30,393,000 | 40,840,000 |
| Provision for loan losses | 675,000 | 1,875,000 | 2,775,000 | 3,675,000 |
| Pretax income | 7,395,000 | 14,539,000 | 21,275,000 | 27,111,000 |
| Income tax | 2,059,000 | 4,009,000 | 5,772,000 | 5,488,000 |
| Net income | 5,336,000 | 10,530,000 | 15,503,000 | 21,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,594,000 | 160,764,000 | 164,188,000 | 168,586,000 |
| Total capital | 172,513,000 | 175,712,000 | 179,455,000 | 183,523,000 |
| Risk-weighted assets | 1,255,432,000 | 1,289,748,000 | 1,314,879,000 | 1,333,613,000 |