Call reports 2021
F&M BANK — 2021
What F&M BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 607,037,000 | 608,533,000 | 619,976,000 | 639,930,000 |
| Total loans | 340,518,000 | 337,580,000 | 356,583,000 | 356,068,000 |
| Allowance for loan losses | 5,254,000 | 5,241,000 | 5,225,000 | 5,226,000 |
| Securities available for sale | 146,504,000 | 172,808,000 | 169,228,000 | 178,954,000 |
| Securities held to maturity | 19,027,000 | 18,715,000 | 19,080,000 | 24,963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 515,370,000 | 522,760,000 | 527,066,000 | 551,199,000 |
| Interest-bearing deposits | 360,496,000 | 354,272,000 | 355,465,000 | 362,115,000 |
| Noninterest-bearing deposits | 154,874,000 | 168,488,000 | 171,602,000 | 189,085,000 |
| Equity capital | 60,827,000 | 62,465,000 | 64,822,000 | 65,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,147,000 | 10,389,000 | 16,099,000 | 21,370,000 |
| Interest expense | 401,000 | 737,000 | 1,013,000 | 1,261,000 |
| Net interest income | 4,746,000 | 9,652,000 | 15,086,000 | 20,109,000 |
| Noninterest income | 2,514,000 | 4,812,000 | 6,758,000 | 8,679,000 |
| Noninterest expense | 4,391,000 | 8,851,000 | 13,380,000 | 17,870,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,869,000 | 5,613,000 | 8,464,000 | 10,909,000 |
| Income tax | 105,000 | 225,000 | 353,000 | 421,000 |
| Net income | 2,764,000 | 5,388,000 | 8,111,000 | 10,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,556,000 | 59,925,000 | 62,018,000 | 64,440,000 |