Call reports 2017
F&M BANK MINNESOTA — 2017
What F&M BANK MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 119,702,000 | 122,595,000 | 127,917,000 | 115,128,000 |
| Total loans | 68,505,000 | 76,745,000 | 76,049,000 | 79,513,000 |
| Allowance for loan losses | 839,000 | 893,000 | 894,000 | 896,000 |
| Securities available for sale | 19,377,000 | 19,496,000 | 22,082,000 | 22,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,835,000 | 107,128,000 | 111,706,000 | 99,104,000 |
| Interest-bearing deposits | 62,980,000 | 63,478,000 | 65,374,000 | 71,224,000 |
| Noninterest-bearing deposits | 40,855,000 | 43,650,000 | 46,332,000 | 27,880,000 |
| Equity capital | 10,870,000 | 11,021,000 | 11,418,000 | 11,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 968,000 | 2,034,000 | 3,158,000 | 4,362,000 |
| Interest expense | 83,000 | 168,000 | 249,000 | 358,000 |
| Net interest income | 885,000 | 1,866,000 | 2,909,000 | 4,004,000 |
| Noninterest income | 29,000 | 84,000 | 147,000 | 205,000 |
| Noninterest expense | 800,000 | 1,554,000 | 2,227,000 | 2,960,000 |
| Provision for loan losses | 38,000 | 38,000 | 38,000 | 38,000 |
| Pretax income | 76,000 | 358,000 | 791,000 | 1,211,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 75,000 | 357,000 | 790,000 | 1,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,042,000 | 10,093,000 | 10,540,000 | 10,932,000 |
| Total capital | 10,881,000 | 10,986,000 | 11,434,000 | 11,828,000 |
| Risk-weighted assets | 88,619,000 | 93,614,000 | 94,328,000 | 95,656,000 |