Call reports 2013
FIRST FARMERS AND COMMERCIAL BANK — 2013
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 109,516,000 | 107,520,000 | 108,780,000 | 109,315,000 |
| Total loans | 50,577,000 | 51,182,000 | 53,020,000 | 52,752,000 |
| Allowance for loan losses | 801,000 | 853,000 | 901,000 | 902,000 |
| Securities available for sale | 1,286,000 | 86,000 | 978,000 | 977,000 |
| Securities held to maturity | 24,386,000 | 31,467,000 | 31,439,000 | 31,162,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,478,000 | 96,308,000 | 97,193,000 | 97,658,000 |
| Interest-bearing deposits | 83,281,000 | 81,376,000 | 79,975,000 | 81,592,000 |
| Noninterest-bearing deposits | 15,197,000 | 14,932,000 | 17,218,000 | 16,066,000 |
| Equity capital | 10,909,000 | 11,081,000 | 11,286,000 | 11,318,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,036,000 | 2,077,000 | 3,156,000 | 4,210,000 |
| Interest expense | 187,000 | 365,000 | 533,000 | 696,000 |
| Net interest income | 849,000 | 1,712,000 | 2,623,000 | 3,514,000 |
| Noninterest income | 147,000 | 294,000 | 426,000 | 549,000 |
| Noninterest expense | 670,000 | 1,382,000 | 2,070,000 | 2,831,000 |
| Provision for loan losses | 52,000 | 103,000 | 154,000 | 172,000 |
| Pretax income | 296,000 | 543,000 | 847,000 | 1,082,000 |
| Income tax | 90,000 | 164,000 | 262,000 | 350,000 |
| Net income | 206,000 | 379,000 | 585,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,910,000 | 11,081,000 | 11,286,000 | 11,317,000 |
| Total capital | 11,716,000 | 11,939,000 | 12,179,000 | 12,207,000 |
| Risk-weighted assets | 84,811,000 | 69,414,000 | 71,405,000 | 71,167,000 |