Call reports 2011
FIRST FARMERS AND COMMERCIAL BANK — 2011
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 101,405,000 | 101,290,000 | 103,839,000 | 102,579,000 |
| Total loans | 58,125,000 | 57,593,000 | 56,841,000 | 56,731,000 |
| Allowance for loan losses | 598,000 | 683,000 | 804,000 | 951,000 |
| Securities available for sale | 4,945,000 | 5,519,000 | 3,527,000 | 2,017,000 |
| Securities held to maturity | 9,592,000 | 10,618,000 | 13,361,000 | 16,012,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,036,000 | 90,648,000 | 93,110,000 | 92,107,000 |
| Interest-bearing deposits | 78,957,000 | 78,804,000 | 80,982,000 | 79,076,000 |
| Noninterest-bearing deposits | 12,079,000 | 11,844,000 | 12,128,000 | 13,031,000 |
| Equity capital | 10,177,000 | 10,355,000 | 10,425,000 | 10,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,115,000 | 2,216,000 | 3,337,000 | 4,491,000 |
| Interest expense | 292,000 | 565,000 | 831,000 | 1,086,000 |
| Net interest income | 823,000 | 1,651,000 | 2,506,000 | 3,405,000 |
| Noninterest income | 168,000 | 357,000 | 529,000 | 702,000 |
| Noninterest expense | 705,000 | 1,394,000 | 2,014,000 | 2,927,000 |
| Provision for loan losses | 59,000 | 218,000 | 539,000 | 742,000 |
| Pretax income | 289,000 | 463,000 | 567,000 | 534,000 |
| Income tax | 98,000 | 148,000 | 176,000 | 146,000 |
| Net income | 191,000 | 315,000 | 391,000 | 388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,183,000 | 10,309,000 | 10,386,000 | 10,257,000 |
| Total capital | 10,786,000 | 10,997,000 | 11,195,000 | 11,213,000 |
| Risk-weighted assets | 81,500,000 | 82,592,000 | 89,049,000 | 86,586,000 |