Call reports 2022
F&M BANK — 2022
What F&M BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 652,804,000 | 637,154,000 | 649,912,000 | 647,283,000 |
| Total loans | 378,314,000 | 401,307,000 | 404,474,000 | 412,335,000 |
| Allowance for loan losses | 5,378,000 | 5,533,000 | 5,400,000 | 5,417,000 |
| Securities available for sale | 179,731,000 | 167,992,000 | 179,009,000 | 168,676,000 |
| Securities held to maturity | 24,642,000 | 23,187,000 | 21,826,000 | 28,456,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 570,328,000 | 559,544,000 | 569,838,000 | 549,937,000 |
| Interest-bearing deposits | 390,927,000 | 387,084,000 | 390,563,000 | 379,260,000 |
| Noninterest-bearing deposits | 179,401,000 | 172,460,000 | 179,275,000 | 170,677,000 |
| Equity capital | 60,868,000 | 57,046,000 | 57,298,000 | 60,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,435,000 | 11,094,000 | 17,428,000 | 24,090,000 |
| Interest expense | 237,000 | 484,000 | 801,000 | 1,427,000 |
| Net interest income | 5,198,000 | 10,610,000 | 16,627,000 | 22,663,000 |
| Noninterest income | 1,569,000 | 3,178,000 | 4,626,000 | 5,732,000 |
| Noninterest expense | 4,361,000 | 8,702,000 | 12,994,000 | 17,318,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 2,256,000 | 4,786,000 | 7,809,000 | 10,427,000 |
| Income tax | 74,000 | 180,000 | 299,000 | 398,000 |
| Net income | 2,182,000 | 4,606,000 | 7,510,000 | 10,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,942,000 | 67,209,000 | 69,434,000 | 71,273,000 |