Call reports 2019
FIRST FARMERS AND COMMERCIAL BANK — 2019
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 119,695,000 | 118,053,000 | 131,323,000 | 136,647,000 |
| Total loans | 63,610,000 | 76,447,000 | 87,706,000 | 96,063,000 |
| Allowance for loan losses | 752,000 | 755,000 | 842,000 | 675,000 |
| Securities available for sale | 13,312,000 | 12,450,000 | 12,472,000 | 12,510,000 |
| Securities held to maturity | 14,890,000 | 12,344,000 | 12,306,000 | 10,589,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,014,000 | 103,230,000 | 116,092,000 | 121,200,000 |
| Interest-bearing deposits | 83,076,000 | 82,055,000 | 95,483,000 | 100,016,000 |
| Noninterest-bearing deposits | 21,938,000 | 21,175,000 | 20,609,000 | 21,184,000 |
| Equity capital | 14,136,000 | 14,190,000 | 14,475,000 | 14,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,186,000 | 2,482,000 | 3,935,000 | 5,508,000 |
| Interest expense | 185,000 | 390,000 | 657,000 | 995,000 |
| Net interest income | 1,001,000 | 2,092,000 | 3,278,000 | 4,513,000 |
| Noninterest income | 121,000 | 232,000 | 351,000 | 480,000 |
| Noninterest expense | 813,000 | 1,669,000 | 2,553,000 | 3,460,000 |
| Provision for loan losses | 0 | 2,000 | 92,000 | 346,000 |
| Pretax income | 309,000 | 653,000 | 984,000 | 1,187,000 |
| Income tax | 73,000 | 178,000 | 241,000 | 290,000 |
| Net income | 236,000 | 475,000 | 743,000 | 897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,307,000 | 14,260,000 | 14,528,000 | 14,683,000 |
| Total capital | 15,059,000 | 15,015,000 | 15,370,000 | 15,358,000 |
| Risk-weighted assets | 73,823,000 | 81,896,000 | 97,739,000 | 103,020,000 |