Call reports 2016
F&M BANK — 2016
What F&M BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 380,852,000 | 372,467,000 | 394,815,000 | 409,577,000 |
| Total loans | 238,690,000 | 241,663,000 | 259,616,000 | 273,477,000 |
| Allowance for loan losses | 2,988,000 | 3,213,000 | 3,728,000 | 3,779,000 |
| Securities available for sale | 84,401,000 | 86,261,000 | 79,961,000 | 77,598,000 |
| Securities held to maturity | 9,147,000 | 9,270,000 | 7,944,000 | 8,414,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,610,000 | 330,647,000 | 342,035,000 | 360,359,000 |
| Interest-bearing deposits | 243,563,000 | 234,654,000 | 244,891,000 | 254,019,000 |
| Noninterest-bearing deposits | 98,047,000 | 95,993,000 | 97,144,000 | 106,340,000 |
| Equity capital | 33,517,000 | 34,220,000 | 36,414,000 | 36,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,517,000 | 7,080,000 | 10,787,000 | 14,717,000 |
| Interest expense | 293,000 | 570,000 | 861,000 | 1,185,000 |
| Net interest income | 3,224,000 | 6,510,000 | 9,926,000 | 13,532,000 |
| Noninterest income | 1,165,000 | 2,478,000 | 4,137,000 | 5,431,000 |
| Noninterest expense | 2,980,000 | 6,145,000 | 9,886,000 | 13,363,000 |
| Provision for loan losses | 125,000 | 125,000 | -1,205,000 | -1,205,000 |
| Pretax income | 1,273,000 | 2,707,000 | 5,340,000 | 6,766,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,273,000 | 2,707,000 | 5,340,000 | 6,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,723,000 | 32,144,000 | 34,650,000 | 35,582,000 |
| Total capital | 34,711,000 | 35,357,000 | 38,151,000 | 39,361,000 |
| Risk-weighted assets | 266,265,000 | 266,871,000 | 279,867,000 | 314,147,000 |