Call reports 2018
FIRST FARMERS AND COMMERCIAL BANK — 2018
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 120,212,000 | 116,369,000 | 114,906,000 | 115,681,000 |
| Total loans | 57,695,000 | 58,371,000 | 57,596,000 | 56,577,000 |
| Allowance for loan losses | 923,000 | 918,000 | 613,000 | 750,000 |
| Securities available for sale | 12,173,000 | 13,146,000 | 13,115,000 | 14,200,000 |
| Securities held to maturity | 19,455,000 | 17,776,000 | 16,456,000 | 16,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,406,000 | 102,463,000 | 100,775,000 | 101,365,000 |
| Interest-bearing deposits | 85,337,000 | 81,887,000 | 79,335,000 | 81,499,000 |
| Noninterest-bearing deposits | 21,069,000 | 20,576,000 | 21,440,000 | 19,866,000 |
| Equity capital | 13,390,000 | 13,453,000 | 13,636,000 | 13,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,067,000 | 2,150,000 | 3,187,000 | 4,312,000 |
| Interest expense | 149,000 | 301,000 | 459,000 | 630,000 |
| Net interest income | 918,000 | 1,849,000 | 2,728,000 | 3,682,000 |
| Noninterest income | 124,000 | 240,000 | 352,000 | 467,000 |
| Noninterest expense | 722,000 | 1,403,000 | 2,133,000 | 2,870,000 |
| Provision for loan losses | 0 | 6,000 | 6,000 | 167,000 |
| Pretax income | 320,000 | 680,000 | 941,000 | 1,112,000 |
| Income tax | 71,000 | 158,000 | 217,000 | 257,000 |
| Net income | 249,000 | 522,000 | 724,000 | 855,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,626,000 | 13,705,000 | 13,906,000 | 14,039,000 |
| Total capital | 14,526,000 | 14,567,000 | 14,519,000 | 14,789,000 |
| Risk-weighted assets | 72,003,000 | 68,916,000 | 67,602,000 | 66,942,000 |