Call reports 2009
FIRST FARMERS AND COMMERCIAL BANK — 2009
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 91,231,000 | 90,944,000 | 90,693,000 | 91,689,000 |
| Total loans | 58,128,000 | 60,332,000 | 61,636,000 | 62,733,000 |
| Allowance for loan losses | 498,000 | 514,000 | 547,000 | 537,000 |
| Securities available for sale | 7,995,000 | 4,809,000 | 4,666,000 | 5,839,000 |
| Securities held to maturity | 8,259,000 | 9,351,000 | 9,482,000 | 7,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,193,000 | 80,937,000 | 80,452,000 | 81,587,000 |
| Interest-bearing deposits | 69,446,000 | 68,506,000 | 68,882,000 | 69,944,000 |
| Noninterest-bearing deposits | 11,747,000 | 12,431,000 | 11,570,000 | 11,643,000 |
| Equity capital | 9,581,000 | 9,509,000 | 9,742,000 | 9,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,170,000 | 2,406,000 | 3,672,000 | 4,823,000 |
| Interest expense | 484,000 | 953,000 | 1,392,000 | 1,799,000 |
| Net interest income | 686,000 | 1,453,000 | 2,280,000 | 3,024,000 |
| Noninterest income | 147,000 | 279,000 | 432,000 | 610,000 |
| Noninterest expense | 668,000 | 1,450,000 | 2,115,000 | 2,866,000 |
| Provision for loan losses | 7,000 | 39,000 | 77,000 | 186,000 |
| Pretax income | 160,000 | 287,000 | 564,000 | 629,000 |
| Income tax | 51,000 | 91,000 | 190,000 | 207,000 |
| Net income | 109,000 | 196,000 | 374,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,534,000 | 9,545,000 | 9,725,000 | 9,757,000 |
| Total capital | 10,032,000 | 10,059,000 | 10,272,000 | 10,294,000 |
| Risk-weighted assets | 74,021,000 | 74,481,000 | 73,316,000 | 74,256,000 |