Call reports 2010
FIRST FARMERS AND COMMERCIAL BANK — 2010
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 94,006,000 | 96,015,000 | 95,153,000 | 97,427,000 |
| Total loans | 62,375,000 | 61,291,000 | 61,249,000 | 59,127,000 |
| Allowance for loan losses | 570,000 | 742,000 | 741,000 | 600,000 |
| Securities available for sale | 5,644,000 | 3,093,000 | 3,078,000 | 2,472,000 |
| Securities held to maturity | 7,887,000 | 6,544,000 | 10,081,000 | 10,240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,769,000 | 85,860,000 | 84,937,000 | 87,216,000 |
| Interest-bearing deposits | 72,397,000 | 72,805,000 | 73,394,000 | 74,993,000 |
| Noninterest-bearing deposits | 11,372,000 | 13,055,000 | 11,543,000 | 12,223,000 |
| Equity capital | 9,932,000 | 9,902,000 | 9,933,000 | 9,994,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,224,000 | 2,314,000 | 3,489,000 | 4,655,000 |
| Interest expense | 371,000 | 730,000 | 1,077,000 | 1,410,000 |
| Net interest income | 853,000 | 1,584,000 | 2,412,000 | 3,245,000 |
| Noninterest income | 205,000 | 351,000 | 488,000 | 590,000 |
| Noninterest expense | 709,000 | 1,392,000 | 2,128,000 | 2,805,000 |
| Provision for loan losses | 88,000 | 389,000 | 389,000 | 566,000 |
| Pretax income | 261,000 | 156,000 | 385,000 | 466,000 |
| Income tax | 89,000 | 39,000 | 117,000 | 106,000 |
| Net income | 172,000 | 117,000 | 268,000 | 360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,928,000 | 9,876,000 | 9,901,000 | 9,992,000 |
| Total capital | 10,498,000 | 10,618,000 | 10,647,000 | 10,597,000 |
| Risk-weighted assets | 75,083,000 | 77,686,000 | 78,648,000 | 80,305,000 |