Call reports 2022
FIRST FARMERS AND COMMERCIAL BANK — 2022
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 199,188,000 | 203,852,000 | 198,386,000 | 199,864,000 |
| Total loans | 132,265,000 | 138,793,000 | 145,160,000 | 147,273,000 |
| Allowance for loan losses | 1,350,000 | 1,529,000 | 1,679,000 | 2,102,000 |
| Securities available for sale | 10,256,000 | 11,060,000 | 10,911,000 | 10,940,000 |
| Securities held to maturity | 13,599,000 | 13,356,000 | 13,240,000 | 13,211,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,423,000 | 186,163,000 | 180,262,000 | 181,960,000 |
| Interest-bearing deposits | 140,899,000 | 145,732,000 | 139,276,000 | 141,914,000 |
| Noninterest-bearing deposits | 40,524,000 | 40,431,000 | 40,986,000 | 40,046,000 |
| Equity capital | 16,903,000 | 16,858,000 | 17,235,000 | 17,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,842,000 | 3,755,000 | 5,842,000 | 8,048,000 |
| Interest expense | 276,000 | 549,000 | 841,000 | 1,279,000 |
| Net interest income | 1,566,000 | 3,206,000 | 5,001,000 | 6,769,000 |
| Noninterest income | 94,000 | 221,000 | 343,000 | 466,000 |
| Noninterest expense | 1,035,000 | 2,042,000 | 3,137,000 | 4,437,000 |
| Provision for loan losses | 50,000 | 203,000 | 357,000 | 1,285,000 |
| Pretax income | 575,000 | 1,182,000 | 1,850,000 | 1,513,000 |
| Income tax | 152,000 | 312,000 | 490,000 | 398,000 |
| Net income | 423,000 | 870,000 | 1,360,000 | 1,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,266,000 | 17,353,000 | 17,844,000 | 17,598,000 |
| Total capital | 18,616,000 | 18,882,000 | 19,523,000 | 19,273,000 |
| Risk-weighted assets | 127,250,000 | 135,823,000 | 134,633,000 | 133,651,000 |