Call reports 2018
F&M BANK MINNESOTA — 2018
What F&M BANK MINNESOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 113,285,000 | 114,704,000 | 123,752,000 | 132,691,000 |
| Total loans | 75,931,000 | 75,337,000 | 78,290,000 | 82,726,000 |
| Allowance for loan losses | 895,000 | 897,000 | 914,000 | 940,000 |
| Securities available for sale | 27,862,000 | 31,223,000 | 32,278,000 | 36,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,659,000 | 97,348,000 | 97,660,000 | 103,086,000 |
| Interest-bearing deposits | 69,334,000 | 67,560,000 | 72,232,000 | 75,317,000 |
| Noninterest-bearing deposits | 28,325,000 | 29,788,000 | 25,428,000 | 27,769,000 |
| Equity capital | 11,166,000 | 11,580,000 | 10,693,000 | 11,021,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,147,000 | 2,366,000 | 3,643,000 | 5,009,000 |
| Interest expense | 93,000 | 190,000 | 314,000 | 483,000 |
| Net interest income | 1,054,000 | 2,176,000 | 3,329,000 | 4,526,000 |
| Noninterest income | 18,000 | 72,000 | 140,000 | 194,000 |
| Noninterest expense | 748,000 | 1,457,000 | 2,209,000 | 2,915,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 29,000 |
| Pretax income | 324,000 | 791,000 | 1,256,000 | 1,776,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 323,000 | 790,000 | 1,255,000 | 1,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,900,000 | 11,315,000 | 10,939,000 | 10,735,000 |
| Total capital | 11,795,000 | 12,212,000 | 11,853,000 | 11,675,000 |
| Risk-weighted assets | 95,234,000 | 94,060,000 | 96,143,000 | 101,463,000 |