|
|
(000’s)
|
First
& Farmers National Bank
|
First
& Farmers National Bank
|
Consolidated Banks
|
Consolidated Banks
|
Consolidated Banks
|
Consolidated Banks
|
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
12/31/2006
|
12/31/2005
|
12/31/2004
|
|
BALANCE SHEET:
|
|
Cash
|
$9,834
|
$11,045
|
$13,798
|
$11,094
|
$12,889
|
$12,388
|
|
SECURITIES
|
|
Held-to-Maturity
|
$15,039
|
$17,717
|
$20,327
|
$23,004
|
$22,191
|
$27,719
|
|
Available for Sale
|
$109,717
|
$76,072
|
$78,592
|
$81,137
|
$88,985
|
$67,349
|
|
Fed Funds
|
$3,705
|
$2,146
|
$9,379
|
$4,932
|
$3,126
|
$4,817
|
|
Loans & Leases Held
For Sale
|
$279
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Net Loans
|
$278,683
|
$299,673
|
$276,088
|
$268,314
|
$263,108
|
$260,681
|
|
Fixed Assets
|
$6,409
|
$6,355
|
$6,073
|
$6,763
|
$7,137
|
$7,047
|
|
Oreo
|
$89
|
$0
|
$0
|
$48
|
$385
|
$28
|
|
*Intangibles
|
$17,698
|
$17,866
|
$17,551
|
$17,769
|
$18120
|
$18,818
|
|
Other Assets
|
$8,803
|
$6,916
|
$6,222
|
$4,282
|
$5,640
|
$6,347
|
|
TOTAL ASSETS
|
$450,256
|
$437,790
|
$428,030
|
$417,343
|
$421,581
|
$405,194
|
|
|
|
DDA
|
$63,686
|
$59,626
|
$57,391
|
$56,747
|
$59,231
|
$53,014
|
|
Int. Bearing
|
$327,221
|
$317,231
|
$308,596
|
$301,436
|
$307,786
|
$300,122
|
|
Total Deposits
|
$390,907
|
$376,857
|
$365,987
|
$358,183
|
$367,017
|
$353,136
|
|
Fed Funds Purchased/Other
|
$98
|
$3,308
|
$5,193
|
$5,275
|
$315
|
$815
|
|
Other Liabilities
|
$3,503
|
$3,306
|
$3,760
|
$2,995
|
$2,188
|
$1,338
|
|
TOTAL LIABILITIES
|
$394,508
|
$383,471
|
$374,940
|
$366,453
|
$369,520
|
$355,289
|
|
|
|
Common Stock
|
$1,200
|
$1,200
|
$1,200
|
$1,200
|
$1,200
|
$1,200
|
|
Surplus
|
$45,850
|
$45,850
|
$45,850
|
$45,850
|
$45,850
|
$44,493
|
|
Undivided Profits
|
$8,006
|
$7,024
|
$5,870
|
$4,306
|
$5,597
|
$4,353
|
|
Net Unrealized Gains/(Losses)
|
$692
|
$245
|
$170
|
-$466
|
-$586
|
-$141
|
|
TOTAL CAPITAL
|
$55,748
|
$54,319
|
$53,090
|
$50,890
|
$52,061
|
$49,905
|
|
TOTAL LIABILITIES & CAPITAL
|
$450,256
|
$437,790
|
$428,030
|
$417,343
|
$421,581
|
$405,194
|
|
|
|
INCOME STATEMENT:
|
|
Loan Income
|
$19,412
|
$20,610
|
$21,153
|
$18,981
|
$18,030
|
$16,354
|
|
Investment Income
|
$4,674
|
$4,133
|
$4,605
|
$4,357
|
$4,292
|
$3,657
|
|
Fed Funds Income
|
$139
|
$313
|
$429
|
$347
|
$270
|
$128
|
|
TOTAL INT. INCOME
|
$24,225
|
$25,056
|
$26,187
|
$23,685
|
$22,592
|
$20,139
|
|
INTEREST EXPENSE:
|
|
Transaction Accts.
|
$110
|
$166
|
$183
|
$1,077
|
$1,042
|
$809
|
|
Money Market
|
$174
|
$301
|
$402
|
$367
|
$295
|
$230
|
|
Savings
|
$981
|
$1,190
|
$1,214
|
$351
|
$369
|
$263
|
|
Time Deposits $100M & Over
|
$3,056
|
$2,943
|
$3,850
|
$2,673
|
$1,896
|
$1,492
|
|
Time Deposits Under $100M
|
$3,387
|
$5,107
|
$5,682
|
$4,916
|
$3,528
|
$2,918
|
|
TOTAL:
|
$7,708
|
$9,707
|
$11,331
|
$9,384
|
$7,130
|
$5,712
|
|
|
|
Fed Funds/Other
|
$31
|
$48
|
$259
|
$33
|
$74
|
$113
|
|
|
|
|
|
|
|
|
|
TOTAL INT. EXPENSE
|
$7,739
|
$9,755
|
$11,590
|
$9,417
|
$7,204
|
$5,825
|
|
NET INTEREST INCOME
|
$16,486
|
$15,301
|
$14,597
|
$14,268
|
$15,388
|
$14,314
|
|
Provision for Loan Losses
|
$1,880
|
$1,280
|
815
|
$1,245
|
$2,114
|
$3,297
|
|
Provision for SEC
Losses
|
$0
|
$0
|
-$16
|
$0
|
$21
|
$0
|
|
SC’S on Deposit
Accts
|
$2,236
|
$2,053
|
$2,099
|
$2,070
|
$1,497
|
$1,380
|
|
Other Non-Int Income
|
$633
|
$602
|
$903
|
$956
|
$448
|
$467
|
|
Gain/Losses on Securities
|
$0
|
$0
|
$0
|
$0
|
-$291
|
$13
|
|
Salaries & Emp. Benefits
|
$7,297
|
$7,213
|
$7,055
|
$6,825
|
$6,535
|
$6,215
|
|
Fixed Assets Expenses
|
$1,285
|
$1,189
|
$1,135
|
$1,074
|
$1,289
|
$1,385
|
|
Core Deposit Intangible Amortization
|
$168
|
$185
|
$218
|
$351
|
$404
|
$120
|
|
Other Non-Int Expense
|
$4,729
|
$4,253
|
$3,738
|
$3,838
|
$3,494
|
$4,010
|
|
INCOME BEFORE TAXES
|
$3,996
|
$3,836
|
$4,657
|
$3,961
|
$3,185
|
$1,147
|
|
INCOME TAXES
|
$814
|
$822
|
$1,143
|
$981
|
-$676
|
-$61
|
|
NET INCOME AFTER TAXES
|
$3,182
|
$3,014
|
$3,514
|
$2,980
|
$2,509
|
$1,208
|
|
