Call reports 2006
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2006
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 28,668,000 | 27,837,000 | 28,346,000 | 31,420,000 |
| Total loans | 19,890,000 | 20,068,000 | 19,722,000 | 19,584,000 |
| Allowance for loan losses | 403,000 | 372,000 | 402,000 | 436,000 |
| Securities available for sale | 6,776,000 | 5,523,000 | 5,665,000 | 6,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,423,000 | 23,638,000 | 24,494,000 | 27,505,000 |
| Interest-bearing deposits | 21,062,000 | 20,641,000 | 20,575,000 | 22,507,000 |
| Noninterest-bearing deposits | 3,360,000 | 2,996,000 | 3,919,000 | 4,999,000 |
| Equity capital | 3,182,000 | 3,192,000 | 3,256,000 | 3,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 461,000 | 976,000 | 1,472,000 | 2,025,000 |
| Interest expense | 129,000 | 283,000 | 439,000 | 607,000 |
| Net interest income | 332,000 | 693,000 | 1,033,000 | 1,418,000 |
| Noninterest income | 35,000 | 69,000 | 107,000 | 148,000 |
| Noninterest expense | 328,000 | 654,000 | 992,000 | 1,331,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 9,000 | 36,000 | 46,000 | 103,000 |
| Income tax | 1,000 | -7,000 | -6,000 | -6,000 |
| Net income | 8,000 | 43,000 | 52,000 | 109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,233,000 | 3,268,000 | 3,277,000 | 3,301,000 |
| Total capital | 3,520,000 | 3,562,000 | 3,564,000 | 3,593,000 |
| Risk-weighted assets | 23,061,000 | 23,416,000 | 22,806,000 | 23,264,000 |