Call reports 2019
F&M BANK — 2019
What F&M BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 491,468,000 | 475,950,000 | 479,730,000 | 480,916,000 |
| Total loans | 327,053,000 | 323,378,000 | 339,731,000 | 329,179,000 |
| Allowance for loan losses | 4,177,000 | 4,251,000 | 4,352,000 | 4,728,000 |
| Securities available for sale | 80,797,000 | 85,108,000 | 86,939,000 | 87,126,000 |
| Securities held to maturity | 11,056,000 | 12,501,000 | 11,558,000 | 12,463,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,481,000 | 409,571,000 | 410,789,000 | 411,822,000 |
| Interest-bearing deposits | 310,873,000 | 299,534,000 | 297,847,000 | 300,878,000 |
| Noninterest-bearing deposits | 114,609,000 | 110,036,000 | 112,942,000 | 110,944,000 |
| Equity capital | 45,439,000 | 47,208,000 | 48,967,000 | 50,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,164,000 | 10,511,000 | 15,932,000 | 21,296,000 |
| Interest expense | 570,000 | 1,224,000 | 1,898,000 | 2,572,000 |
| Net interest income | 4,594,000 | 9,287,000 | 14,034,000 | 18,724,000 |
| Noninterest income | 1,060,000 | 2,366,000 | 4,004,000 | 5,950,000 |
| Noninterest expense | 3,545,000 | 7,241,000 | 11,202,000 | 15,196,000 |
| Provision for loan losses | 50,000 | 200,000 | 350,000 | 760,000 |
| Pretax income | 2,059,000 | 4,207,000 | 6,481,000 | 8,713,000 |
| Income tax | 0 | 0 | 0 | 350,000 |
| Net income | 2,059,000 | 4,207,000 | 6,481,000 | 8,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,980,000 | 45,822,000 | 47,491,000 | 49,418,000 |
| Total capital | 49,157,000 | 50,073,000 | 51,843,000 | 53,967,000 |
| Risk-weighted assets | 365,794,000 | 356,565,000 | 371,179,000 | 363,746,000 |