Call reports 2018
FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — 2018
What FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 64,556,000 | 62,145,000 | 65,757,000 | 68,336,000 |
| Total loans | 49,357,000 | 51,885,000 | 54,875,000 | 54,025,000 |
| Allowance for loan losses | 546,000 | 561,000 | 676,000 | 765,000 |
| Securities available for sale | 5,730,000 | 5,209,000 | 5,194,000 | 5,211,000 |
| Securities held to maturity | 669,000 | 668,000 | 667,000 | 641,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,670,000 | 48,271,000 | 50,732,000 | 53,539,000 |
| Interest-bearing deposits | 40,309,000 | 40,851,000 | 43,605,000 | 44,551,000 |
| Noninterest-bearing deposits | 11,361,000 | 7,420,000 | 7,127,000 | 8,988,000 |
| Equity capital | 6,934,000 | 6,922,000 | 7,386,000 | 7,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 665,000 | 1,383,000 | 2,163,000 | 2,976,000 |
| Interest expense | 79,000 | 173,000 | 291,000 | 427,000 |
| Net interest income | 586,000 | 1,210,000 | 1,872,000 | 2,549,000 |
| Noninterest income | 45,000 | 94,000 | 623,000 | 673,000 |
| Noninterest expense | 437,000 | 904,000 | 1,391,000 | 1,870,000 |
| Provision for loan losses | 15,000 | 30,000 | 145,000 | 230,000 |
| Pretax income | 179,000 | 370,000 | 959,000 | 1,122,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 179,000 | 370,000 | 959,000 | 1,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,993,000 | 6,999,000 | 7,472,000 | 7,332,000 |
| Total capital | 7,539,000 | 7,560,000 | 8,148,000 | 8,035,000 |
| Risk-weighted assets | 50,270,000 | 52,043,000 | 54,715,000 | 56,211,000 |