Call reports 2013
FIRST FARMERS & MERCHANTS NATIONAL BANK — 2013
What FIRST FARMERS & MERCHANTS NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Total assets | 107,657,000 | 111,560,000 |
| Total loans | 71,781,000 | 76,700,000 |
| Allowance for loan losses | 921,000 | 861,000 |
| Securities available for sale | 21,606,000 | 21,245,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 92,068,000 | 92,341,000 |
| Interest-bearing deposits | 79,573,000 | 77,866,000 |
| Noninterest-bearing deposits | 12,495,000 | 14,475,000 |
| Equity capital | 14,080,000 | 14,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Interest income | 1,175,000 | 2,308,000 |
| Interest expense | 123,000 | 236,000 |
| Net interest income | 1,052,000 | 2,072,000 |
| Noninterest income | 275,000 | 465,000 |
| Noninterest expense | 894,000 | 1,704,000 |
| Provision for loan losses | 730,000 | 745,000 |
| Pretax income | -297,000 | 88,000 |
| Income tax | 0 | 1,000 |
| Net income | -297,000 | 87,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Tier 1 capital | 10,654,000 | 11,038,000 |
| Total capital | 11,575,000 | 11,899,000 |
| Risk-weighted assets | 82,121,000 | 85,986,000 |