Call reports 2018
F&M BANK — 2018
What F&M BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 448,858,000 | 452,463,000 | 442,788,000 | 478,360,000 |
| Total loans | 293,323,000 | 312,745,000 | 313,268,000 | 329,936,000 |
| Allowance for loan losses | 3,902,000 | 4,095,000 | 4,121,000 | 4,125,000 |
| Securities available for sale | 74,046,000 | 77,237,000 | 75,211,000 | 77,943,000 |
| Securities held to maturity | 12,830,000 | 12,029,000 | 12,274,000 | 11,060,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,730,000 | 400,474,000 | 389,552,000 | 416,630,000 |
| Interest-bearing deposits | 287,051,000 | 286,040,000 | 274,663,000 | 303,519,000 |
| Noninterest-bearing deposits | 112,679,000 | 114,434,000 | 114,889,000 | 113,111,000 |
| Equity capital | 38,245,000 | 39,609,000 | 40,990,000 | 43,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,411,000 | 8,986,000 | 13,696,000 | 18,667,000 |
| Interest expense | 395,000 | 787,000 | 1,204,000 | 1,679,000 |
| Net interest income | 4,016,000 | 8,199,000 | 12,492,000 | 16,988,000 |
| Noninterest income | 1,222,000 | 2,589,000 | 4,071,000 | 5,175,000 |
| Noninterest expense | 3,706,000 | 7,422,000 | 11,194,000 | 14,875,000 |
| Provision for loan losses | 150,000 | 300,000 | 350,000 | 350,000 |
| Pretax income | 1,382,000 | 3,066,000 | 5,019,000 | 6,938,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,382,000 | 3,066,000 | 5,019,000 | 6,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,540,000 | 39,989,000 | 41,562,000 | 43,526,000 |
| Total capital | 42,442,000 | 44,084,000 | 45,683,000 | 47,651,000 |
| Risk-weighted assets | 317,363,000 | 333,677,000 | 338,104,000 | 360,875,000 |