Call reports 2019
FIRST FARMERS BANK & TRUST CO. — 2019
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,804,171,000 | 1,847,051,000 | 1,898,874,000 | 1,907,914,000 |
| Total loans | 1,321,491,000 | 1,393,205,000 | 1,382,472,000 | 1,418,726,000 |
| Allowance for loan losses | 16,269,000 | 16,613,000 | 16,804,000 | 16,871,000 |
| Securities available for sale | 329,344,000 | 337,868,000 | 362,742,000 | 367,273,000 |
| Securities held to maturity | 1,439,000 | 1,120,000 | 980,000 | 980,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,450,924,000 | 1,477,215,000 | 1,500,183,000 | 1,532,060,000 |
| Interest-bearing deposits | 1,123,209,000 | 1,168,135,000 | 1,191,555,000 | 1,199,125,000 |
| Noninterest-bearing deposits | 327,715,000 | 309,080,000 | 308,628,000 | 332,935,000 |
| Equity capital | 191,843,000 | 196,529,000 | 201,710,000 | 204,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 21,095,000 | 43,319,000 | 65,732,000 | 88,135,000 |
| Interest expense | 4,009,000 | 8,518,000 | 13,210,000 | 17,555,000 |
| Net interest income | 17,086,000 | 34,801,000 | 52,522,000 | 70,580,000 |
| Noninterest income | 3,362,000 | 6,901,000 | 11,278,000 | 15,258,000 |
| Noninterest expense | 11,295,000 | 23,171,000 | 34,749,000 | 46,122,000 |
| Provision for loan losses | 1,050,000 | 1,950,000 | 3,575,000 | 4,625,000 |
| Pretax income | 8,117,000 | 16,664,000 | 25,569,000 | 35,214,000 |
| Income tax | 1,256,000 | 2,593,000 | 4,016,000 | 5,621,000 |
| Net income | 6,861,000 | 14,071,000 | 21,553,000 | 29,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,997,000 | 184,392,000 | 188,041,000 | 190,263,000 |
| Total capital | 198,266,000 | 201,005,000 | 204,845,000 | 207,134,000 |
| Risk-weighted assets | 1,437,109,000 | 1,509,296,000 | 1,505,175,000 | 1,549,167,000 |