Call reports 2006
FIRST FARMERS AND COMMERCIAL BANK — 2006
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 73,944,000 | 73,885,000 | 79,221,000 | 82,125,000 |
| Total loans | 42,860,000 | 44,609,000 | 47,503,000 | 48,421,000 |
| Allowance for loan losses | 412,000 | 405,000 | 436,000 | 479,000 |
| Securities available for sale | 15,917,000 | 16,626,000 | 16,544,000 | 15,678,000 |
| Securities held to maturity | 1,855,000 | 780,000 | 580,000 | 1,995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,615,000 | 64,392,000 | 69,453,000 | 72,164,000 |
| Interest-bearing deposits | 54,015,000 | 54,150,000 | 59,511,000 | 61,155,000 |
| Noninterest-bearing deposits | 10,600,000 | 10,242,000 | 9,942,000 | 11,009,000 |
| Equity capital | 9,009,000 | 9,162,000 | 9,437,000 | 9,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,120,000 | 2,365,000 | 3,409,000 | 4,724,000 |
| Interest expense | 384,000 | 819,000 | 1,291,000 | 1,861,000 |
| Net interest income | 736,000 | 1,546,000 | 2,118,000 | 2,863,000 |
| Noninterest income | 198,000 | 332,000 | 673,000 | 868,000 |
| Noninterest expense | 563,000 | 1,154,000 | 1,780,000 | 2,518,000 |
| Provision for loan losses | 21,000 | 50,000 | 101,000 | 160,000 |
| Pretax income | 350,000 | 676,000 | 912,000 | 1,054,000 |
| Income tax | 120,000 | 233,000 | 312,000 | 356,000 |
| Net income | 230,000 | 443,000 | 600,000 | 698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,207,000 | 9,420,000 | 9,576,000 | 9,675,000 |
| Total capital | 9,619,000 | 9,825,000 | 10,012,000 | 10,154,000 |
| Risk-weighted assets | 49,867,000 | 55,361,000 | 60,029,000 | 56,657,000 |