Call reports 2004
FIRST FARMERS AND COMMERCIAL BANK — 2004
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,139,000 | 66,194,000 | 66,722,000 | 67,129,000 |
| Total loans | 37,088,000 | 38,012,000 | 38,067,000 | 41,308,000 |
| Allowance for loan losses | 349,000 | 357,000 | 354,000 | 390,000 |
| Securities available for sale | 16,091,000 | 15,439,000 | 15,918,000 | 15,076,000 |
| Securities held to maturity | 2,542,000 | 2,181,000 | 1,980,000 | 1,914,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,907,000 | 57,198,000 | 57,376,000 | 57,745,000 |
| Interest-bearing deposits | 52,141,000 | 49,419,000 | 49,915,000 | 50,519,000 |
| Noninterest-bearing deposits | 7,766,000 | 7,779,000 | 7,461,000 | 7,226,000 |
| Equity capital | 8,885,000 | 8,769,000 | 8,990,000 | 9,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 875,000 | 1,758,000 | 2,647,000 | 3,558,000 |
| Interest expense | 270,000 | 527,000 | 787,000 | 1,051,000 |
| Net interest income | 605,000 | 1,231,000 | 1,860,000 | 2,507,000 |
| Noninterest income | 142,000 | 303,000 | 448,000 | 586,000 |
| Noninterest expense | 461,000 | 928,000 | 1,389,000 | 1,936,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 53,000 |
| Pretax income | 286,000 | 608,000 | 919,000 | 1,108,000 |
| Income tax | 94,000 | 207,000 | 315,000 | 376,000 |
| Net income | 192,000 | 401,000 | 604,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,735,000 | 8,945,000 | 8,965,000 | 9,080,000 |
| Total capital | 9,084,000 | 9,302,000 | 9,319,000 | 9,470,000 |
| Risk-weighted assets | 47,518,000 | 50,383,000 | 50,778,000 | 52,717,000 |