Call reports 2017
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2017
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 57,463,000 | 60,131,000 | 61,273,000 | 61,204,000 |
| Total loans | 47,497,000 | 50,144,000 | 51,007,000 | 50,145,000 |
| Allowance for loan losses | 479,000 | 475,000 | 505,000 | 531,000 |
| Securities available for sale | 6,574,000 | 6,572,000 | 5,827,000 | 5,781,000 |
| Securities held to maturity | 0 | 0 | 726,000 | 701,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,782,000 | 48,149,000 | 50,455,000 | 50,444,000 |
| Interest-bearing deposits | 41,030,000 | 39,940,000 | 41,998,000 | 40,460,000 |
| Noninterest-bearing deposits | 8,752,000 | 8,209,000 | 8,457,000 | 9,984,000 |
| Equity capital | 6,812,000 | 6,765,000 | 6,887,000 | 6,798,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 612,000 | 1,260,000 | 1,957,000 | 2,576,000 |
| Interest expense | 44,000 | 102,000 | 168,000 | 234,000 |
| Net interest income | 568,000 | 1,158,000 | 1,789,000 | 2,342,000 |
| Noninterest income | 50,000 | 94,000 | 145,000 | 137,000 |
| Noninterest expense | 466,000 | 931,000 | 1,387,000 | 1,871,000 |
| Provision for loan losses | 8,000 | 48,000 | 78,000 | 108,000 |
| Pretax income | 144,000 | 273,000 | 469,000 | 500,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 144,000 | 273,000 | 469,000 | 499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,782,000 | 6,728,000 | 6,859,000 | 6,814,000 |
| Total capital | 7,261,000 | 7,203,000 | 7,364,000 | 7,345,000 |
| Risk-weighted assets | 47,507,000 | 50,419,000 | 51,046,000 | 51,334,000 |