Call reports 2021
FIRST FARMERS AND COMMERCIAL BANK — 2021
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 182,744,000 | 189,693,000 | 186,556,000 | 191,088,000 |
| Total loans | 118,426,000 | 126,285,000 | 128,718,000 | 129,216,000 |
| Allowance for loan losses | 937,000 | 1,100,000 | 1,215,000 | 1,312,000 |
| Securities available for sale | 7,974,000 | 7,742,000 | 8,779,000 | 9,666,000 |
| Securities held to maturity | 9,952,000 | 14,719,000 | 13,677,000 | 13,723,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,595,000 | 172,810,000 | 169,250,000 | 173,577,000 |
| Interest-bearing deposits | 132,698,000 | 137,301,000 | 130,623,000 | 132,260,000 |
| Noninterest-bearing deposits | 32,897,000 | 35,509,000 | 38,627,000 | 41,317,000 |
| Equity capital | 15,986,000 | 16,102,000 | 16,522,000 | 16,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,927,000 | 3,886,000 | 5,777,000 | 7,600,000 |
| Interest expense | 343,000 | 677,000 | 991,000 | 1,285,000 |
| Net interest income | 1,584,000 | 3,209,000 | 4,786,000 | 6,315,000 |
| Noninterest income | 90,000 | 279,000 | 368,000 | 464,000 |
| Noninterest expense | 971,000 | 1,999,000 | 2,991,000 | 4,116,000 |
| Provision for loan losses | 80,000 | 255,000 | 365,000 | 465,000 |
| Pretax income | 623,000 | 1,234,000 | 1,798,000 | 2,198,000 |
| Income tax | 155,000 | 325,000 | 473,000 | 573,000 |
| Net income | 468,000 | 909,000 | 1,325,000 | 1,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,009,000 | 16,127,000 | 16,542,000 | 16,843,000 |
| Total capital | 16,946,000 | 17,227,000 | 17,757,000 | 18,155,000 |
| Risk-weighted assets | 123,639,000 | 122,554,000 | 130,598,000 | 124,477,000 |