Call reports 2016
FIRST FARMERS AND COMMERCIAL BANK — 2016
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 113,856,000 | 112,766,000 | 110,852,000 | 112,276,000 |
| Total loans | 59,374,000 | 59,337,000 | 58,136,000 | 57,998,000 |
| Allowance for loan losses | 840,000 | 803,000 | 796,000 | 767,000 |
| Securities available for sale | 4,184,000 | 7,096,000 | 9,074,000 | 8,865,000 |
| Securities held to maturity | 24,685,000 | 22,693,000 | 18,675,000 | 18,758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,108,000 | 100,266,000 | 98,012,000 | 99,224,000 |
| Interest-bearing deposits | 84,770,000 | 83,366,000 | 79,054,000 | 80,242,000 |
| Noninterest-bearing deposits | 16,338,000 | 16,900,000 | 18,958,000 | 18,982,000 |
| Equity capital | 12,578,000 | 12,308,000 | 12,573,000 | 12,685,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,051,000 | 2,116,000 | 3,154,000 | 4,216,000 |
| Interest expense | 136,000 | 277,000 | 415,000 | 553,000 |
| Net interest income | 915,000 | 1,839,000 | 2,739,000 | 3,663,000 |
| Noninterest income | 152,000 | 330,000 | 483,000 | 614,000 |
| Noninterest expense | 706,000 | 1,994,000 | 2,674,000 | 3,375,000 |
| Provision for loan losses | 6,000 | 10,000 | 13,000 | 17,000 |
| Pretax income | 355,000 | 165,000 | 536,000 | 886,000 |
| Income tax | 107,000 | 24,000 | 119,000 | 226,000 |
| Net income | 248,000 | 141,000 | 417,000 | 660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,562,000 | 12,292,000 | 12,558,000 | 12,442,000 |
| Total capital | 13,354,000 | 13,084,000 | 13,340,000 | 13,177,000 |
| Risk-weighted assets | 63,290,000 | 63,363,000 | 62,541,000 | 58,801,000 |