Call reports 2015
FIRST FARMERS AND COMMERCIAL BANK — 2015
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 111,807,000 | 110,635,000 | 111,833,000 | 112,075,000 |
| Total loans | 54,690,000 | 57,183,000 | 57,941,000 | 58,828,000 |
| Allowance for loan losses | 838,000 | 838,000 | 839,000 | 840,000 |
| Securities available for sale | 1,473,000 | 3,171,000 | 3,188,000 | 3,162,000 |
| Securities held to maturity | 29,358,000 | 26,181,000 | 26,050,000 | 25,705,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,515,000 | 98,276,000 | 99,243,000 | 99,611,000 |
| Interest-bearing deposits | 83,301,000 | 82,191,000 | 82,367,000 | 81,474,000 |
| Noninterest-bearing deposits | 16,214,000 | 16,085,000 | 16,876,000 | 18,137,000 |
| Equity capital | 12,074,000 | 12,211,000 | 12,412,000 | 12,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,042,000 | 2,103,000 | 3,193,000 | 4,194,000 |
| Interest expense | 139,000 | 285,000 | 432,000 | 575,000 |
| Net interest income | 903,000 | 1,818,000 | 2,761,000 | 3,619,000 |
| Noninterest income | 136,000 | 270,000 | 405,000 | 564,000 |
| Noninterest expense | 709,000 | 1,426,000 | 2,235,000 | 2,940,000 |
| Provision for loan losses | 2,000 | 2,000 | 4,000 | 288,000 |
| Pretax income | 328,000 | 669,000 | 937,000 | 965,000 |
| Income tax | 103,000 | 212,000 | 291,000 | 283,000 |
| Net income | 225,000 | 457,000 | 646,000 | 682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,466,000 | 12,196,000 | 12,397,000 | 12,304,000 |
| Total capital | 11,743,000 | 12,472,000 | 12,675,000 | 13,083,000 |
| Risk-weighted assets | 21,606,000 | 21,483,000 | 21,637,000 | 62,262,000 |