Call reports 2001
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2001
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 46,677,000 | 50,065,000 | 49,271,000 | 47,584,000 |
| Total loans | 32,145,000 | 33,608,000 | 29,344,000 | 28,360,000 |
| Allowance for loan losses | 505,000 | 621,000 | 649,000 | 453,000 |
| Securities available for sale | 6,141,000 | 5,222,000 | 6,252,000 | 6,096,000 |
| Securities held to maturity | 3,065,000 | 4,059,000 | 5,365,000 | 5,456,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,864,000 | 42,719,000 | 42,154,000 | 40,528,000 |
| Interest-bearing deposits | 34,889,000 | 37,922,000 | 37,148,000 | 35,320,000 |
| Noninterest-bearing deposits | 4,975,000 | 4,797,000 | 5,006,000 | 5,208,000 |
| Equity capital | 6,131,000 | 6,113,000 | 6,210,000 | 6,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 953,000 | 1,883,000 | 2,753,000 | 3,537,000 |
| Interest expense | 424,000 | 836,000 | 1,208,000 | 1,523,000 |
| Net interest income | 529,000 | 1,047,000 | 1,545,000 | 2,014,000 |
| Noninterest income | 62,000 | 124,000 | 183,000 | 264,000 |
| Noninterest expense | 332,000 | 691,000 | 1,054,000 | 1,439,000 |
| Provision for loan losses | 30,000 | 160,000 | 160,000 | -80,000 |
| Pretax income | 229,000 | 320,000 | 514,000 | 919,000 |
| Income tax | 102,000 | 145,000 | 232,000 | 409,000 |
| Net income | 127,000 | 175,000 | 282,000 | 510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,065,000 | 4,694,000 | 4,762,000 | 5,026,000 |
| Total capital | 6,504,000 | 5,164,000 | 5,189,000 | 5,440,000 |
| Risk-weighted assets | 35,036,000 | 37,477,000 | 33,906,000 | 33,071,000 |