Call reports 2017
FIRST FARMERS AND COMMERCIAL BANK — 2017
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 117,363,000 | 117,009,000 | 115,945,000 | 118,495,000 |
| Total loans | 58,191,000 | 59,032,000 | 58,356,000 | 58,802,000 |
| Allowance for loan losses | 758,000 | 756,000 | 754,000 | 923,000 |
| Securities available for sale | 9,895,000 | 13,048,000 | 14,418,000 | 13,293,000 |
| Securities held to maturity | 18,643,000 | 18,159,000 | 18,273,000 | 19,486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,070,000 | 103,719,000 | 102,296,000 | 104,838,000 |
| Interest-bearing deposits | 82,830,000 | 83,497,000 | 81,485,000 | 82,992,000 |
| Noninterest-bearing deposits | 21,240,000 | 20,222,000 | 20,811,000 | 21,846,000 |
| Equity capital | 12,922,000 | 12,931,000 | 13,171,000 | 13,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,021,000 | 1,965,000 | 3,051,000 | 4,061,000 |
| Interest expense | 137,000 | 279,000 | 423,000 | 572,000 |
| Net interest income | 884,000 | 1,686,000 | 2,628,000 | 3,489,000 |
| Noninterest income | 122,000 | 235,000 | 360,000 | 497,000 |
| Noninterest expense | 702,000 | 1,406,000 | 2,118,000 | 2,787,000 |
| Provision for loan losses | 0 | 2,000 | 2,000 | 183,000 |
| Pretax income | 304,000 | 513,000 | 868,000 | 1,016,000 |
| Income tax | 89,000 | 143,000 | 250,000 | 285,000 |
| Net income | 215,000 | 370,000 | 618,000 | 731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,848,000 | 12,846,000 | 13,250,000 | 13,034,000 |
| Total capital | 13,606,000 | 13,602,000 | 14,004,000 | 13,877,000 |
| Risk-weighted assets | 62,435,000 | 63,321,000 | 65,671,000 | 67,332,000 |