Call reports 2011
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2011
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 37,978,000 | 36,544,000 | 36,619,000 | 41,007,000 |
| Total loans | 23,497,000 | 21,914,000 | 21,827,000 | 24,105,000 |
| Allowance for loan losses | 327,000 | 394,000 | 412,000 | 461,000 |
| Securities available for sale | 8,731,000 | 8,640,000 | 8,786,000 | 9,060,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,962,000 | 29,384,000 | 29,551,000 | 34,054,000 |
| Interest-bearing deposits | 25,557,000 | 25,259,000 | 24,966,000 | 25,916,000 |
| Noninterest-bearing deposits | 4,406,000 | 4,124,000 | 4,585,000 | 8,138,000 |
| Equity capital | 5,086,000 | 5,272,000 | 5,416,000 | 5,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 433,000 | 852,000 | 1,266,000 | 1,703,000 |
| Interest expense | 66,000 | 126,000 | 177,000 | 227,000 |
| Net interest income | 367,000 | 726,000 | 1,089,000 | 1,476,000 |
| Noninterest income | 34,000 | 74,000 | 108,000 | 137,000 |
| Noninterest expense | 326,000 | 696,000 | 1,019,000 | 1,346,000 |
| Provision for loan losses | 31,000 | 34,000 | 0 | 0 |
| Pretax income | 44,000 | 70,000 | 178,000 | 267,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 43,000 | 69,000 | 176,000 | 264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,937,000 | 4,954,000 | 4,953,000 | 4,901,000 |
| Total capital | 5,264,000 | 5,282,000 | 5,283,000 | 5,264,000 |
| Risk-weighted assets | 27,748,000 | 26,211,000 | 26,324,000 | 28,880,000 |