Call reports 2014
FIRST FARMERS AND COMMERCIAL BANK — 2014
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 112,327,000 | 110,565,000 | 107,976,000 | 109,067,000 |
| Total loans | 52,423,000 | 55,344,000 | 54,425,000 | 55,517,000 |
| Allowance for loan losses | 832,000 | 829,000 | 838,000 | 837,000 |
| Securities available for sale | 1,476,000 | 1,476,000 | 1,474,000 | 1,473,000 |
| Securities held to maturity | 29,136,000 | 29,111,000 | 29,083,000 | 29,381,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,597,000 | 98,885,000 | 96,007,000 | 97,077,000 |
| Interest-bearing deposits | 85,323,000 | 82,503,000 | 80,813,000 | 82,159,000 |
| Noninterest-bearing deposits | 15,274,000 | 16,382,000 | 15,194,000 | 14,918,000 |
| Equity capital | 11,513,000 | 11,536,000 | 11,790,000 | 11,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,020,000 | 2,075,000 | 3,166,000 | 4,228,000 |
| Interest expense | 154,000 | 305,000 | 453,000 | 598,000 |
| Net interest income | 866,000 | 1,770,000 | 2,713,000 | 3,630,000 |
| Noninterest income | 120,000 | 239,000 | 361,000 | 502,000 |
| Noninterest expense | 706,000 | 1,594,000 | 2,249,000 | 3,082,000 |
| Provision for loan losses | 1,000 | 2,000 | 35,000 | 38,000 |
| Pretax income | 279,000 | 413,000 | 790,000 | 1,012,000 |
| Income tax | 84,000 | 114,000 | 237,000 | 300,000 |
| Net income | 195,000 | 299,000 | 553,000 | 712,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,512,000 | 11,535,000 | 11,790,000 | 11,849,000 |
| Total capital | 12,349,000 | 12,369,000 | 12,633,000 | 12,691,000 |
| Risk-weighted assets | 71,529,000 | 73,370,000 | 72,194,000 | 73,450,000 |