Call reports 2018
FIRST FARMERS BANK & TRUST CO. — 2018
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,688,522,000 | 1,676,363,000 | 1,702,554,000 | 1,743,398,000 |
| Total loans | 1,238,359,000 | 1,268,267,000 | 1,281,315,000 | 1,318,125,000 |
| Allowance for loan losses | 15,857,000 | 15,674,000 | 15,898,000 | 15,880,000 |
| Securities available for sale | 291,866,000 | 296,530,000 | 305,698,000 | 316,632,000 |
| Securities held to maturity | 5,738,000 | 3,015,000 | 2,925,000 | 1,654,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,361,408,000 | 1,354,388,000 | 1,372,118,000 | 1,413,023,000 |
| Interest-bearing deposits | 1,046,971,000 | 1,053,228,000 | 1,068,107,000 | 1,086,702,000 |
| Noninterest-bearing deposits | 314,437,000 | 301,160,000 | 304,011,000 | 326,321,000 |
| Equity capital | 177,518,000 | 180,346,000 | 180,324,000 | 185,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 18,264,000 | 38,470,000 | 58,217,000 | 79,020,000 |
| Interest expense | 2,489,000 | 5,421,000 | 8,734,000 | 12,521,000 |
| Net interest income | 15,775,000 | 33,049,000 | 49,483,000 | 66,499,000 |
| Noninterest income | 2,897,000 | 7,290,000 | 11,817,000 | 15,580,000 |
| Noninterest expense | 10,002,000 | 22,301,000 | 33,533,000 | 44,644,000 |
| Provision for loan losses | 900,000 | 2,300,000 | 3,300,000 | 4,500,000 |
| Pretax income | 7,759,000 | 15,673,000 | 24,391,000 | 32,747,000 |
| Income tax | 1,221,000 | 2,455,000 | 3,906,000 | 5,083,000 |
| Net income | 6,538,000 | 13,218,000 | 20,485,000 | 27,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 170,786,000 | 174,179,000 | 175,595,000 | 178,441,000 |
| Total capital | 186,643,000 | 189,853,000 | 191,493,000 | 194,321,000 |
| Risk-weighted assets | 1,327,721,000 | 1,372,979,000 | 1,394,141,000 | 1,433,485,000 |