Call reports 2016
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2016
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 55,464,000 | 56,144,000 | 57,836,000 | 57,792,000 |
| Total loans | 46,320,000 | 46,390,000 | 47,173,000 | 47,046,000 |
| Allowance for loan losses | 508,000 | 508,000 | 504,000 | 471,000 |
| Securities available for sale | 7,029,000 | 6,755,000 | 6,752,000 | 6,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,764,000 | 48,396,000 | 49,968,000 | 49,756,000 |
| Interest-bearing deposits | 39,652,000 | 40,946,000 | 40,884,000 | 39,827,000 |
| Noninterest-bearing deposits | 8,112,000 | 7,450,000 | 9,084,000 | 9,929,000 |
| Equity capital | 6,491,000 | 6,547,000 | 6,635,000 | 6,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 580,000 | 1,190,000 | 1,818,000 | 2,443,000 |
| Interest expense | 45,000 | 92,000 | 141,000 | 188,000 |
| Net interest income | 535,000 | 1,098,000 | 1,677,000 | 2,255,000 |
| Noninterest income | 32,000 | 75,000 | 117,000 | 160,000 |
| Noninterest expense | 429,000 | 864,000 | 1,320,000 | 1,792,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 138,000 | 309,000 | 474,000 | 623,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 138,000 | 309,000 | 474,000 | 622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,378,000 | 6,415,000 | 6,497,000 | 6,638,000 |
| Total capital | 6,886,000 | 6,923,000 | 7,001,000 | 7,109,000 |
| Risk-weighted assets | 47,254,000 | 47,540,000 | 48,235,000 | 48,441,000 |