Call reports 2013
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2013
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 42,069,000 | 41,092,000 | 44,529,000 | 48,971,000 |
| Total loans | 26,619,000 | 30,909,000 | 33,802,000 | 36,629,000 |
| Allowance for loan losses | 548,000 | 560,000 | 563,000 | 564,000 |
| Securities available for sale | 7,662,000 | 6,903,000 | 7,093,000 | 7,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,354,000 | 34,654,000 | 38,447,000 | 41,266,000 |
| Interest-bearing deposits | 29,425,000 | 28,513,000 | 30,120,000 | 29,840,000 |
| Noninterest-bearing deposits | 6,928,000 | 6,141,000 | 8,327,000 | 11,426,000 |
| Equity capital | 5,556,000 | 5,420,000 | 5,427,000 | 5,460,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 461,000 | 891,000 | 1,364,000 | 1,840,000 |
| Interest expense | 39,000 | 76,000 | 114,000 | 148,000 |
| Net interest income | 422,000 | 815,000 | 1,250,000 | 1,692,000 |
| Noninterest income | 62,000 | 96,000 | 131,000 | 167,000 |
| Noninterest expense | 312,000 | 662,000 | 1,005,000 | 1,339,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 172,000 | 249,000 | 376,000 | 520,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 172,000 | 249,000 | 376,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,174,000 | 5,133,000 | 5,204,000 | 5,257,000 |
| Total capital | 5,550,000 | 5,558,000 | 5,656,000 | 5,753,000 |
| Risk-weighted assets | 29,909,000 | 33,073,000 | 36,114,000 | 39,633,000 |