Call reports 2005
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2005
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 28,570,000 | 28,240,000 | 28,353,000 | 29,755,000 |
| Total loans | 21,726,000 | 21,361,000 | 20,761,000 | 19,598,000 |
| Allowance for loan losses | 345,000 | 233,000 | 255,000 | 373,000 |
| Securities available for sale | 4,209,000 | 4,712,000 | 4,683,000 | 6,011,000 |
| Securities held to maturity | 996,000 | 0 | 494,000 | 994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,584,000 | 24,326,000 | 24,408,000 | 25,878,000 |
| Interest-bearing deposits | 20,825,000 | 20,809,000 | 21,185,000 | 21,849,000 |
| Noninterest-bearing deposits | 3,758,000 | 3,517,000 | 3,223,000 | 4,029,000 |
| Equity capital | 3,138,000 | 3,226,000 | 3,239,000 | 3,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 403,000 | 833,000 | 1,296,000 | 1,746,000 |
| Interest expense | 93,000 | 192,000 | 302,000 | 426,000 |
| Net interest income | 310,000 | 641,000 | 994,000 | 1,320,000 |
| Noninterest income | 32,000 | 80,000 | 114,000 | 160,000 |
| Noninterest expense | 240,000 | 555,000 | 877,000 | 1,205,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 173,000 |
| Pretax income | 84,000 | 130,000 | 177,000 | 102,000 |
| Income tax | 37,000 | 40,000 | 59,000 | 10,000 |
| Net income | 47,000 | 90,000 | 118,000 | 92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,179,000 | 3,222,000 | 3,250,000 | 3,224,000 |
| Total capital | 3,487,000 | 3,455,000 | 3,505,000 | 3,514,000 |
| Risk-weighted assets | 24,564,000 | 24,256,000 | 23,542,000 | 23,138,000 |