Call reports 2005
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2005
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 79,933,000 | 84,276,000 | 84,118,000 | 81,008,000 |
| Total loans | 53,609,000 | 55,474,000 | 54,892,000 | 53,271,000 |
| Allowance for loan losses | 779,000 | 736,000 | 736,000 | 896,000 |
| Securities available for sale | 13,342,000 | 15,702,000 | 16,828,000 | 17,243,000 |
| Securities held to maturity | 3,614,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,699,000 | 67,510,000 | 67,142,000 | 66,918,000 |
| Interest-bearing deposits | 56,298,000 | 58,954,000 | 59,139,000 | 56,319,000 |
| Noninterest-bearing deposits | 8,402,000 | 8,556,000 | 8,003,000 | 10,599,000 |
| Equity capital | 12,153,000 | 12,276,000 | 12,415,000 | 11,612,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,133,000 | 2,296,000 | 3,540,000 | 4,787,000 |
| Interest expense | 234,000 | 523,000 | 840,000 | 1,149,000 |
| Net interest income | 899,000 | 1,773,000 | 2,700,000 | 3,638,000 |
| Noninterest income | 104,000 | 239,000 | 341,000 | 434,000 |
| Noninterest expense | 591,000 | 1,315,000 | 2,035,000 | 2,759,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 230,000 |
| Pretax income | 382,000 | 637,000 | 926,000 | 1,083,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 382,000 | 637,000 | 926,000 | 1,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,851,000 | 8,918,000 | 9,205,000 | 8,512,000 |
| Total capital | 9,630,000 | 9,654,000 | 9,941,000 | 9,310,000 |
| Risk-weighted assets | 63,770,000 | 64,680,000 | 64,778,000 | 63,693,000 |