Financials

(000's)First and Farmers National BankFirst & Farmers National BankFirst and Farmers National BankFirst and Farmers National BankConsolidated Banks
20112010200920082007
Balance Sheet:
Cash$11,764$11,568$9,834$11,045$13,798
Securities
Held-to-Maturity$17,362$18,954$15,039$17,717$20,327
Available for Sale$136,657$125,009$109,717$76,072$78,592
Fed Funds$4,872$0$3,705$2,146$9,379
Loans & Leases Held For Sale$97$1,078$279$0$0
Net Loans$269,050$262,793$278,683$299,673$276,088
Fixed Assets$6,229$6,604$6,409$6,355$6,073
Oreo$473$525$89$0$0
Intangibles$17,451$17,558$17,698$17,866$17,551
Other Assets$7,028$7,728$8,803$6,916$6,222
Total Assets$470,983$451,817$450,256$437,790$428,030
DDA$73,905$63,213$63,686$59,626$57,391
Int. Bearing$322,731$320,949$327,221$317,231$308,596
Total Deposits$396,636$384,162$390,907$376,857$365,987
Fed Funds Purchased/Other$7,447$6,727$98$3,308$5,193
Other Liabilities$5,289$3,966$3,503$3,306$3,760
Total Liabilities$409,372$394,855$394,508$383,471$374,940
Common Stock$1,200$1,200$1,200$1,200$1,200
Surplus$45,850$45,850$45,850$45,850$45,850
Undivided Profits$10,608$8,767$8,006$7,024$5,870
Net Unrealized Gains/(Losses)$3,953$1,145$692$245$170
Total Capital$61,611$56,962$55,748$54,319$53,090
Total Liabilities & Captial$470,983$451,817$450,256$437,790$428,030
Income Statement:
Loan Income$16,377$17,579$19,412$20,610$21,153
Investment Income$1,597$5,484$4,674$4,133$4,605
Fed Funds Income$2$137$139$313$429
Total Int. Income$17,976$23,200$24,225$25,056$26,187
Expense Statement:
Transaction Accts.$0$88$110$166$183
Money Market/Savings$0$999$1,155$1,491$1,616
Time Deposits $100M & Over$0$2,364$3,056$2,943$3,850
Time Deposits Under $100M$0$2,384$3,387$5,107$5,682
Total$0$5,835$7,708$9,707$11,331
Fed Funds/Other$0$37$31$48$259
Total Int. Expense$0$5,872$7,739$9,755$11,590
Net Interest Income$17,976$17,328$16,486$15,301$14,597
Provision for Loan Losses$0$2,900$1,880$1,280$815
Provision for SEC Losses$0$0$0$0-$16
SC’S on Deposit Accts$0$2,190$2,236$2,053$2,099
Other Non-Int Income$0$846$633$602$903
Gain/Losses on Securities$0$0$0$0$0
Salaries & Emp. Benefits$0$7,682$7,297$7,213$7,055
Fixed Assets Expenses$0$1,214$1,285$1,189$1,135
Core Deposit Intangible Amortization$0$140$168$185$218
Other Non-Int Expense$0$4,673$4,729$4,253$3,738
Income before Taxes$17,976$3,755$3,996$3,836$4,654
Taxes$0$695$814$822$1,143
Total$17,976$3,060$3,182$3,014$3,511


I, Autumn Upchurch Gilreath, Chief Financial Officer of First & Farmers National Bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.