Call reports 2023
FIRST FARMERS AND COMMERCIAL BANK — 2023
What FIRST FARMERS AND COMMERCIAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 207,600,000 | 207,152,000 | 214,035,000 | 211,018,000 |
| Total loans | 152,616,000 | 148,220,000 | 149,712,000 | 155,145,000 |
| Allowance for loan losses | 2,461,000 | 2,479,000 | 2,442,000 | 2,438,000 |
| Securities available for sale | 12,424,000 | 12,381,000 | 12,428,000 | 11,669,000 |
| Securities held to maturity | 14,578,000 | 13,645,000 | 13,563,000 | 13,535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,361,000 | 188,939,000 | 195,281,000 | 191,810,000 |
| Interest-bearing deposits | 150,528,000 | 149,609,000 | 153,824,000 | 150,866,000 |
| Noninterest-bearing deposits | 38,833,000 | 39,330,000 | 41,457,000 | 40,944,000 |
| Equity capital | 17,252,000 | 17,143,000 | 17,592,000 | 18,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,302,000 | 4,826,000 | 7,503,000 | 10,350,000 |
| Interest expense | 641,000 | 1,518,000 | 2,533,000 | 3,685,000 |
| Net interest income | 1,661,000 | 3,308,000 | 4,970,000 | 6,665,000 |
| Noninterest income | 134,000 | 268,000 | 413,000 | 568,000 |
| Noninterest expense | 1,215,000 | 2,539,000 | 3,743,000 | 5,183,000 |
| Provision for loan losses | 202,000 | 256,000 | 258,000 | 259,000 |
| Pretax income | 378,000 | 780,000 | 1,382,000 | 1,790,000 |
| Income tax | 99,000 | 204,000 | 375,000 | 478,000 |
| Net income | 279,000 | 576,000 | 1,007,000 | 1,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,849,000 | 17,786,000 | 18,216,000 | 18,522,000 |
| Total capital | 19,659,000 | 19,555,000 | 20,000,000 | 20,371,000 |
| Risk-weighted assets | 144,260,000 | 140,934,000 | 142,199,000 | 147,484,000 |