Call reports 2005
FIRST FARMERS AND COMMERCIAL BANK — 2005
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 69,442,000 | 70,780,000 | 71,435,000 | 71,667,000 |
| Total loans | 41,628,000 | 43,172,000 | 43,881,000 | 42,691,000 |
| Allowance for loan losses | 372,000 | 388,000 | 406,000 | 419,000 |
| Securities available for sale | 14,843,000 | 16,181,000 | 16,335,000 | 15,709,000 |
| Securities held to maturity | 1,713,000 | 1,537,000 | 1,363,000 | 1,364,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,484,000 | 61,585,000 | 60,519,000 | 62,227,000 |
| Interest-bearing deposits | 52,120,000 | 50,973,000 | 51,599,000 | 52,428,000 |
| Noninterest-bearing deposits | 8,364,000 | 10,612,000 | 8,920,000 | 9,799,000 |
| Equity capital | 8,663,000 | 8,920,000 | 9,127,000 | 9,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 939,000 | 1,933,000 | 2,986,000 | 4,065,000 |
| Interest expense | 273,000 | 581,000 | 916,000 | 1,281,000 |
| Net interest income | 666,000 | 1,352,000 | 2,070,000 | 2,784,000 |
| Noninterest income | 166,000 | 309,000 | 476,000 | 735,000 |
| Noninterest expense | 500,000 | 995,000 | 1,496,000 | 2,110,000 |
| Provision for loan losses | 0 | 5,000 | 25,000 | 86,000 |
| Pretax income | 332,000 | 661,000 | 1,024,000 | 1,322,000 |
| Income tax | 115,000 | 227,000 | 347,000 | 448,000 |
| Net income | 217,000 | 434,000 | 677,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,796,000 | 9,015,000 | 9,256,000 | 9,353,000 |
| Total capital | 9,168,000 | 9,403,000 | 9,662,000 | 9,772,000 |
| Risk-weighted assets | 53,342,000 | 55,063,000 | 55,731,000 | 54,148,000 |