Call reports 2015
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2015
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 55,606,000 | 54,700,000 | 56,586,000 | 59,742,000 |
| Total loans | 42,257,000 | 42,646,000 | 44,307,000 | 45,204,000 |
| Allowance for loan losses | 595,000 | 640,000 | 514,000 | 512,000 |
| Securities available for sale | 6,594,000 | 6,565,000 | 7,090,000 | 6,999,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,028,000 | 47,237,000 | 49,073,000 | 52,226,000 |
| Interest-bearing deposits | 39,815,000 | 40,350,000 | 40,995,000 | 39,941,000 |
| Noninterest-bearing deposits | 8,213,000 | 6,887,000 | 8,079,000 | 12,285,000 |
| Equity capital | 5,889,000 | 5,759,000 | 5,787,000 | 5,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,102,000 | 1,671,000 | 2,239,000 |
| Interest expense | 44,000 | 90,000 | 137,000 | 181,000 |
| Net interest income | 516,000 | 1,012,000 | 1,534,000 | 2,058,000 |
| Noninterest income | 34,000 | 68,000 | 100,000 | 143,000 |
| Noninterest expense | 382,000 | 797,000 | 1,229,000 | 1,649,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 168,000 | 283,000 | 405,000 | 552,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 168,000 | 283,000 | 405,000 | 551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,743,000 | 5,654,000 | 5,681,000 | 5,740,000 |
| Total capital | 6,289,000 | 6,217,000 | 6,195,000 | 6,252,000 |
| Risk-weighted assets | 43,685,000 | 45,020,000 | 46,477,000 | 47,373,000 |