Call reports 2020
F&M BANK MINNESOTA — 2020
What F&M BANK MINNESOTA 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 | 126,028,000 | 129,947,000 | 131,869,000 | 147,712,000 |
| Total loans | 84,567,000 | 84,419,000 | 83,608,000 | 77,658,000 |
| Allowance for loan losses | 1,154,000 | 1,156,000 | 1,154,000 | 1,065,000 |
| Securities available for sale | 34,541,000 | 33,907,000 | 32,455,000 | 32,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,375,000 | 108,366,000 | 111,461,000 | 127,268,000 |
| Interest-bearing deposits | 70,211,000 | 76,536,000 | 79,163,000 | 89,872,000 |
| Noninterest-bearing deposits | 27,164,000 | 31,830,000 | 32,298,000 | 37,396,000 |
| Equity capital | 12,826,000 | 13,584,000 | 13,448,000 | 13,603,000 |
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 | 1,312,000 | 2,695,000 | 3,997,000 | 5,177,000 |
| Interest expense | 144,000 | 246,000 | 348,000 | 453,000 |
| Net interest income | 1,168,000 | 2,449,000 | 3,649,000 | 4,724,000 |
| Noninterest income | 51,000 | 98,000 | 150,000 | 205,000 |
| Noninterest expense | 916,000 | 1,644,000 | 2,445,000 | 3,247,000 |
| Provision for loan losses | 119,000 | 119,000 | 119,000 | 29,000 |
| Pretax income | 184,000 | 784,000 | 1,235,000 | 1,653,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 181,000 | 781,000 | 1,232,000 | 1,650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,784,000 | 11,162,000 | 10,953,000 | 10,918,000 |
| Total capital | 11,938,000 | 12,318,000 | 12,107,000 | 11,983,000 |
| Risk-weighted assets | 101,719,000 | 101,705,000 | 101,653,000 | 102,810,000 |