Call reports 2011
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2011
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 105,307,000 | 106,821,000 | 106,045,000 | 106,651,000 |
| Total loans | 69,145,000 | 70,521,000 | 70,339,000 | 68,758,000 |
| Allowance for loan losses | 960,000 | 968,000 | 1,229,000 | 1,234,000 |
| Securities available for sale | 27,222,000 | 26,725,000 | 24,980,000 | 26,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,094,000 | 93,230,000 | 92,106,000 | 91,383,000 |
| Interest-bearing deposits | 81,921,000 | 83,255,000 | 81,457,000 | 80,852,000 |
| Noninterest-bearing deposits | 9,172,000 | 9,974,000 | 10,648,000 | 10,531,000 |
| Equity capital | 12,676,000 | 13,100,000 | 13,450,000 | 13,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,183,000 | 2,362,000 | 3,558,000 | 4,723,000 |
| Interest expense | 216,000 | 422,000 | 605,000 | 775,000 |
| Net interest income | 967,000 | 1,940,000 | 2,953,000 | 3,948,000 |
| Noninterest income | 142,000 | -19,000 | 155,000 | 121,000 |
| Noninterest expense | 769,000 | 1,556,000 | 2,381,000 | 3,137,000 |
| Provision for loan losses | 20,000 | 20,000 | 310,000 | 310,000 |
| Pretax income | 320,000 | 345,000 | 417,000 | 622,000 |
| Income tax | 2,000 | 2,000 | 3,000 | 3,000 |
| Net income | 318,000 | 343,000 | 414,000 | 619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,045,000 | 9,955,000 | 10,026,000 | 10,231,000 |
| Total capital | 11,005,000 | 10,923,000 | 11,041,000 | 11,224,000 |
| Risk-weighted assets | 80,497,000 | 81,467,000 | 81,024,000 | 79,183,000 |