Call reports 2024
FMB BANK — 2024
What FMB BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 53,860,000 | 52,261,000 | 43,995,000 | 42,034,000 |
| Total loans | 13,609,000 | 14,214,000 | 14,704,000 | 13,723,000 |
| Allowance for loan losses | 203,000 | 202,000 | 201,000 | 183,000 |
| Securities available for sale | 20,762,000 | 21,879,000 | 21,469,000 | 19,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,133,000 | 49,457,000 | 39,165,000 | 39,225,000 |
| Interest-bearing deposits | 37,153,000 | 34,582,000 | 27,429,000 | 27,413,000 |
| Noninterest-bearing deposits | 13,980,000 | 14,875,000 | 11,736,000 | 11,812,000 |
| Equity capital | 2,438,000 | 2,510,000 | 3,032,000 | 2,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 536,000 | 1,060,000 | 1,533,000 | 1,973,000 |
| Interest expense | 228,000 | 437,000 | 596,000 | 754,000 |
| Net interest income | 308,000 | 623,000 | 937,000 | 1,219,000 |
| Noninterest income | 71,000 | 134,000 | 229,000 | 286,000 |
| Noninterest expense | 356,000 | 764,000 | 1,145,000 | 1,551,000 |
| Provision for loan losses | 0 | 0 | 0 | -20,000 |
| Pretax income | 16,000 | -18,000 | 27,000 | -38,000 |
| Income tax | -4,000 | -13,000 | -12,000 | -33,000 |
| Net income | 20,000 | -5,000 | 39,000 | -5,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,728,000 | 3,703,000 | 3,737,000 | 3,692,000 |
| Total capital | 3,934,000 | 3,908,000 | 3,941,000 | 3,877,000 |
| Risk-weighted assets | 29,443,000 | 30,024,000 | 28,099,000 | 26,147,000 |