Call reports 2013
F&M BANK AND TRUST COMPANY — 2013
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 139,126,000 | 135,019,000 | 132,284,000 | 127,231,000 |
| Total loans | 101,179,000 | 93,170,000 | 85,368,000 | 84,224,000 |
| Allowance for loan losses | 2,081,000 | 1,909,000 | 1,583,000 | 1,404,000 |
| Securities available for sale | 17,724,000 | 20,486,000 | 22,074,000 | 22,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,327,000 | 102,611,000 | 100,313,000 | 94,898,000 |
| Interest-bearing deposits | 88,394,000 | 86,836,000 | 83,562,000 | 77,922,000 |
| Noninterest-bearing deposits | 17,933,000 | 15,775,000 | 16,751,000 | 16,976,000 |
| Equity capital | 13,717,000 | 13,302,000 | 12,982,000 | 13,344,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,304,000 | 2,618,000 | 3,771,000 | 4,896,000 |
| Interest expense | 289,000 | 552,000 | 814,000 | 1,064,000 |
| Net interest income | 1,015,000 | 2,066,000 | 2,957,000 | 3,832,000 |
| Noninterest income | 1,135,000 | 1,811,000 | 2,148,000 | 2,400,000 |
| Noninterest expense | 2,547,000 | 4,661,000 | 6,196,000 | 7,790,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -397,000 | -784,000 | -1,091,000 | -1,558,000 |
| Income tax | -210,000 | -338,000 | -445,000 | -604,000 |
| Net income | -187,000 | -446,000 | -646,000 | -954,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,522,000 | 12,285,000 | 10,728,000 | 11,183,000 |
| Total capital | 13,669,000 | 13,353,000 | 11,723,000 | 12,171,000 |
| Risk-weighted assets | 90,727,000 | 84,500,000 | 79,046,000 | 78,591,000 |