Call reports 2020
F&M BANK — 2020
What F&M BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 502,812,000 | 543,883,000 | 530,054,000 | 561,850,000 |
| Total loans | 328,062,000 | 351,267,000 | 349,573,000 | 329,370,000 |
| Allowance for loan losses | 4,829,000 | 4,990,000 | 5,111,000 | 5,262,000 |
| Securities available for sale | 107,124,000 | 118,731,000 | 119,679,000 | 136,658,000 |
| Securities held to maturity | 13,331,000 | 19,499,000 | 19,103,000 | 19,042,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,939,000 | 464,909,000 | 448,718,000 | 482,233,000 |
| Interest-bearing deposits | 318,747,000 | 327,426,000 | 318,617,000 | 343,880,000 |
| Noninterest-bearing deposits | 112,191,000 | 137,483,000 | 130,101,000 | 138,353,000 |
| Equity capital | 52,095,000 | 56,792,000 | 57,547,000 | 60,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,223,000 | 10,522,000 | 15,866,000 | 21,175,000 |
| Interest expense | 673,000 | 1,309,000 | 1,864,000 | 2,286,000 |
| Net interest income | 4,550,000 | 9,213,000 | 14,002,000 | 18,889,000 |
| Noninterest income | 1,552,000 | 3,255,000 | 5,756,000 | 8,608,000 |
| Noninterest expense | 3,775,000 | 7,819,000 | 12,409,000 | 16,972,000 |
| Provision for loan losses | 100,000 | 250,000 | 400,000 | 550,000 |
| Pretax income | 2,227,000 | 4,399,000 | 6,949,000 | 9,975,000 |
| Income tax | 77,000 | 161,000 | 264,000 | 424,000 |
| Net income | 2,150,000 | 4,238,000 | 6,685,000 | 9,551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,913,000 | 53,046,000 | 53,662,000 | 56,572,000 |