Call reports 2014
F&M BANK — 2014
What F&M BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 324,831,000 | 331,470,000 | 335,007,000 | 364,541,000 |
| Total loans | 186,197,000 | 189,562,000 | 191,117,000 | 201,585,000 |
| Allowance for loan losses | 4,253,000 | 4,372,000 | 4,214,000 | 3,163,000 |
| Securities available for sale | 88,848,000 | 98,131,000 | 100,609,000 | 105,232,000 |
| Securities held to maturity | 7,853,000 | 8,042,000 | 9,179,000 | 10,358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,640,000 | 293,472,000 | 298,174,000 | 328,347,000 |
| Interest-bearing deposits | 205,734,000 | 210,512,000 | 210,111,000 | 226,867,000 |
| Noninterest-bearing deposits | 82,905,000 | 82,960,000 | 88,063,000 | 101,480,000 |
| Equity capital | 26,264,000 | 26,794,000 | 27,482,000 | 28,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,926,000 | 5,959,000 | 9,045,000 | 12,225,000 |
| Interest expense | 263,000 | 543,000 | 824,000 | 1,112,000 |
| Net interest income | 2,663,000 | 5,416,000 | 8,221,000 | 11,113,000 |
| Noninterest income | 650,000 | 1,703,000 | 2,393,000 | 3,150,000 |
| Noninterest expense | 2,431,000 | 4,954,000 | 7,373,000 | 9,963,000 |
| Provision for loan losses | 0 | 235,000 | 235,000 | 285,000 |
| Pretax income | 885,000 | 1,932,000 | 3,008,000 | 4,026,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 885,000 | 1,932,000 | 3,008,000 | 4,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,531,000 | 24,757,000 | 25,673,000 | 26,439,000 |
| Total capital | 27,213,000 | 27,489,000 | 28,443,000 | 29,376,000 |
| Risk-weighted assets | 213,022,000 | 216,913,000 | 220,173,000 | 234,698,000 |