Call reports 2009
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2009
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 33,538,000 | 35,377,000 | 34,297,000 | 35,215,000 |
| Total loans | 23,322,000 | 24,102,000 | 23,991,000 | 24,678,000 |
| Allowance for loan losses | 368,000 | 318,000 | 331,000 | 344,000 |
| Securities available for sale | 5,056,000 | 5,211,000 | 7,713,000 | 7,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,242,000 | 29,345,000 | 26,494,000 | 29,126,000 |
| Interest-bearing deposits | 23,080,000 | 25,843,000 | 22,724,000 | 23,407,000 |
| Noninterest-bearing deposits | 4,161,000 | 3,501,000 | 3,770,000 | 5,719,000 |
| Equity capital | 5,125,000 | 4,816,000 | 4,720,000 | 4,767,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 403,000 | 820,000 | 1,275,000 | 1,711,000 |
| Interest expense | 120,000 | 235,000 | 347,000 | 437,000 |
| Net interest income | 283,000 | 585,000 | 928,000 | 1,274,000 |
| Noninterest income | 8,000 | 39,000 | -69,000 | -45,000 |
| Noninterest expense | 374,000 | 735,000 | 1,099,000 | 1,394,000 |
| Provision for loan losses | 11,000 | 355,000 | 365,000 | 376,000 |
| Pretax income | -94,000 | -466,000 | -605,000 | -541,000 |
| Income tax | -6,000 | -6,000 | -6,000 | -5,000 |
| Net income | -88,000 | -460,000 | -599,000 | -536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,143,000 | 4,771,000 | 4,632,000 | 4,695,000 |
| Total capital | 5,489,000 | 5,089,000 | 4,963,000 | 5,039,000 |
| Risk-weighted assets | 27,703,000 | 28,726,000 | 27,457,000 | 28,078,000 |