Call reports 2002
FIRST FARMERS AND COMMERCIAL BANK — 2002
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 65,613,000 | 64,814,000 | 65,420,000 | 65,103,000 |
| Total loans | 37,651,000 | 36,723,000 | 37,623,000 | 37,848,000 |
| Allowance for loan losses | 400,000 | 286,000 | 325,000 | 375,000 |
| Securities available for sale | 12,464,000 | 13,081,000 | 13,683,000 | 13,404,000 |
| Securities held to maturity | 4,887,000 | 4,194,000 | 4,034,000 | 3,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,573,000 | 55,816,000 | 56,091,000 | 55,585,000 |
| Interest-bearing deposits | 50,056,000 | 48,364,000 | 48,959,000 | 49,244,000 |
| Noninterest-bearing deposits | 6,517,000 | 7,452,000 | 7,132,000 | 6,341,000 |
| Equity capital | 8,483,000 | 8,538,000 | 8,847,000 | 9,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,135,000 | 2,255,000 | 3,349,000 | 4,409,000 |
| Interest expense | 432,000 | 827,000 | 1,202,000 | 1,566,000 |
| Net interest income | 703,000 | 1,428,000 | 2,147,000 | 2,843,000 |
| Noninterest income | 92,000 | 192,000 | 310,000 | 429,000 |
| Noninterest expense | 405,000 | 791,000 | 1,185,000 | 1,624,000 |
| Provision for loan losses | 0 | 30,000 | 88,000 | 152,000 |
| Pretax income | 393,000 | 802,000 | 1,189,000 | 1,525,000 |
| Income tax | 132,000 | 272,000 | 407,000 | 522,000 |
| Net income | 261,000 | 530,000 | 782,000 | 1,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,427,000 | 8,402,000 | 8,656,000 | 8,879,000 |
| Total capital | 8,827,000 | 8,688,000 | 8,981,000 | 9,254,000 |
| Risk-weighted assets | 47,468,000 | 46,598,000 | 47,195,000 | 45,094,000 |