Call reports 2004
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2004
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 85,111,000 | 85,889,000 | 82,584,000 | 81,904,000 |
| Total loans | 62,943,000 | 59,897,000 | 57,568,000 | 55,009,000 |
| Allowance for loan losses | 674,000 | 805,000 | 833,000 | 782,000 |
| Securities available for sale | 8,371,000 | 7,809,000 | 10,865,000 | 11,540,000 |
| Securities held to maturity | 4,844,000 | 5,289,000 | 4,385,000 | 6,085,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,614,000 | 71,797,000 | 67,638,000 | 68,144,000 |
| Interest-bearing deposits | 60,806,000 | 62,770,000 | 59,205,000 | 59,447,000 |
| Noninterest-bearing deposits | 7,807,000 | 9,028,000 | 8,434,000 | 8,698,000 |
| Equity capital | 12,083,000 | 11,870,000 | 12,138,000 | 12,213,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,128,000 | 2,266,000 | 3,376,000 | 4,471,000 |
| Interest expense | 251,000 | 498,000 | 744,000 | 977,000 |
| Net interest income | 877,000 | 1,768,000 | 2,632,000 | 3,494,000 |
| Noninterest income | 113,000 | 249,000 | 361,000 | 495,000 |
| Noninterest expense | 686,000 | 1,422,000 | 2,174,000 | 2,808,000 |
| Provision for loan losses | 60,000 | 395,000 | 425,000 | 647,000 |
| Pretax income | 244,000 | 200,000 | 397,000 | 547,000 |
| Income tax | -2,000 | -2,000 | -3,000 | -2,000 |
| Net income | 246,000 | 202,000 | 400,000 | 549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,231,000 | 8,240,000 | 8,490,000 | 8,692,000 |
| Total capital | 8,905,000 | 9,045,000 | 9,323,000 | 9,474,000 |
| Risk-weighted assets | 71,330,000 | 70,430,000 | 66,810,000 | 64,345,000 |