Call reports 2001
FIRST FARMERS AND COMMERCIAL BANK — 2001
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 62,163,000 | 63,014,000 | 63,018,000 | 63,669,000 |
| Total loans | 36,543,000 | 36,638,000 | 37,165,000 | 38,276,000 |
| Allowance for loan losses | 398,000 | 383,000 | 371,000 | 400,000 |
| Securities available for sale | 9,857,000 | 12,467,000 | 12,169,000 | 12,736,000 |
| Securities held to maturity | 6,955,000 | 5,913,000 | 5,880,000 | 5,229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,544,000 | 54,141,000 | 53,817,000 | 54,375,000 |
| Interest-bearing deposits | 47,100,000 | 48,063,000 | 47,806,000 | 48,148,000 |
| Noninterest-bearing deposits | 6,444,000 | 6,078,000 | 6,011,000 | 6,227,000 |
| Equity capital | 7,948,000 | 8,224,000 | 8,552,000 | 8,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,235,000 | 2,475,000 | 3,712,000 | 4,921,000 |
| Interest expense | 592,000 | 1,207,000 | 1,780,000 | 2,297,000 |
| Net interest income | 643,000 | 1,268,000 | 1,932,000 | 2,624,000 |
| Noninterest income | 110,000 | 242,000 | 341,000 | 460,000 |
| Noninterest expense | 383,000 | 758,000 | 1,133,000 | 1,562,000 |
| Provision for loan losses | 0 | 5,000 | 40,000 | 105,000 |
| Pretax income | 370,000 | 747,000 | 1,101,000 | 1,418,000 |
| Income tax | 120,000 | 242,000 | 357,000 | 459,000 |
| Net income | 250,000 | 505,000 | 744,000 | 959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,861,000 | 8,115,000 | 8,354,000 | 8,570,000 |
| Total capital | 8,259,000 | 8,498,000 | 8,725,000 | 8,970,000 |
| Risk-weighted assets | 40,059,000 | 45,620,000 | 45,828,000 | 47,298,000 |