Call reports 2021
FIRST FARMERS BANK & TRUST CO. — 2021
What FIRST FARMERS BANK & TRUST CO. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,312,915,000 | 2,298,100,000 | 2,291,957,000 | 2,429,620,000 |
| Total loans | 1,577,174,000 | 1,635,274,000 | 1,595,986,000 | 1,717,339,000 |
| Allowance for loan losses | 17,904,000 | 18,479,000 | 18,891,000 | 19,672,000 |
| Securities available for sale | 395,310,000 | 396,044,000 | 407,546,000 | 418,048,000 |
| Securities held to maturity | 375,000 | 375,000 | 375,000 | 160,000 |
| Trading assets | 1,456,000 | 794,000 | 818,000 | 1,391,000 |
| Total deposits | 1,901,051,000 | 1,970,405,000 | 1,960,078,000 | 2,097,766,000 |
| Interest-bearing deposits | 1,422,105,000 | 1,508,373,000 | 1,485,608,000 | 1,559,171,000 |
| Noninterest-bearing deposits | 478,946,000 | 462,032,000 | 474,470,000 | 538,595,000 |
| Equity capital | 243,104,000 | 248,463,000 | 256,487,000 | 261,729,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 20,430,000 | 41,198,000 | 65,770,000 | 87,051,000 |
| Interest expense | 1,912,000 | 3,657,000 | 5,302,000 | 6,878,000 |
| Net interest income | 18,518,000 | 37,541,000 | 60,468,000 | 80,173,000 |
| Noninterest income | 6,018,000 | 11,996,000 | 17,177,000 | 23,800,000 |
| Noninterest expense | 12,652,000 | 25,363,000 | 38,192,000 | 51,078,000 |
| Provision for loan losses | 1,200,000 | 4,400,000 | 8,000,000 | 9,500,000 |
| Pretax income | 10,847,000 | 19,947,000 | 31,627,000 | 43,610,000 |
| Income tax | 1,920,000 | 3,395,000 | 5,489,000 | 7,651,000 |
| Net income | 8,927,000 | 16,552,000 | 26,138,000 | 35,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 225,688,000 | 229,466,000 | 238,257,000 | 244,095,000 |
| Total capital | 243,592,000 | 247,945,000 | 257,148,000 | 263,767,000 |
| Risk-weighted assets | 1,658,930,000 | 1,759,035,000 | 1,788,882,000 | 1,934,575,000 |