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First Farmers & Merchants (FIME) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how First Farmers & Merchants generates earnings and manages operating expenses.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2015)
2015 		(Dec 31 2014) (Dec 31 2013) (Dec 31 2012) (Dec 31 2011)
Revenues
Interest and Fee Income, Other Loans30.52
Interest and Dividend Income, Securities, Operating8.16
Other Interest and Dividend Income0.00
Other Income0.00
Total Interest Income38.68
Interest Expense, Domestic Deposits2.13
Interest Expense, Other Short-term Borrowings0.09
Interest Expense, Borrowings0.00
Total Interest Expense2.23
Net Interest Income36.46
Provision for loan losses0.03
Total Net Interest Income36.43
Service Fees, Investment Banking, Brokerage and Other Transactions9.69
Other Non-interest Income12.36
Loss / Gain on Investment0.53
Other Non-Interest Income0.00
Total Non-interest Income23.88
Total Revenues60.34
Costs & Expenses
Salaries & employee benefits, SGA20.06
Unusual Expense /-Income0.00
Depreciation & Amortization1.49
Communications, Occupancy and Information Technology4.70
Supplies and Postage Expense0.29
Federal Deposit Insurance Corporation Premium Expense0.59
Other Noninterest Expense5.77
Other loss /-income1.30
Total Operating Expenses34.20
Total Costs & Expenses36.42
Income & Taxes
Income /-loss before income taxes13.67
Income taxes expenses/-benefit3.35
Income after income taxes10.32
Net income/-loss of other equity0.00
Income /-loss after income taxes10.32
Net Income (Loss) Attributable to Noncontrolling Interest0.02
Net Income/-loss10.32
Non-controlling interests0.02
Income/-loss to shareholder10.31
Earnings Per Share
Basic EPS (excl. extra items)2.13
Basic Net EPS2.13
Basic shares outstanding (Mill. of Units)4.83
Diluted Net EPS2.13
Diluted average shares (Mill. of Units)4.83
Dividend per share0.74
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About FIME Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.