Call reports 2001
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2001
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 22,565,000 | 22,428,000 | 24,342,000 | 25,024,000 |
| Total loans | 11,758,000 | 13,578,000 | 14,088,000 | 13,329,000 |
| Allowance for loan losses | 498,000 | 311,000 | 280,000 | 209,000 |
| Securities available for sale | 7,017,000 | 5,855,000 | 6,213,000 | 6,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,454,000 | 19,060,000 | 20,758,000 | 21,370,000 |
| Interest-bearing deposits | 16,756,000 | 16,082,000 | 17,258,000 | 16,772,000 |
| Noninterest-bearing deposits | 2,698,000 | 2,978,000 | 3,500,000 | 4,598,000 |
| Equity capital | 2,958,000 | 3,226,000 | 3,436,000 | 3,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 431,000 | 834,000 | 1,244,000 | 1,605,000 |
| Interest expense | 190,000 | 366,000 | 533,000 | 662,000 |
| Net interest income | 241,000 | 468,000 | 711,000 | 943,000 |
| Noninterest income | 37,000 | 71,000 | 108,000 | 141,000 |
| Noninterest expense | 208,000 | 412,000 | 590,000 | 787,000 |
| Provision for loan losses | -248,000 | -448,000 | -488,000 | -568,000 |
| Pretax income | 318,000 | 575,000 | 717,000 | 875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 318,000 | 575,000 | 717,000 | 875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,823,000 | 3,080,000 | 3,222,000 | 3,381,000 |
| Total capital | 3,005,000 | 3,274,000 | 3,425,000 | 3,582,000 |
| Risk-weighted assets | 14,188,000 | 15,430,000 | 16,167,000 | 16,037,000 |