Call reports 2014
F&M BANK AND TRUST COMPANY — 2014
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 127,849,000 | 126,650,000 | 120,468,000 | 117,218,000 |
| Total loans | 82,316,000 | 81,708,000 | 80,063,000 | 79,458,000 |
| Allowance for loan losses | 1,383,000 | 1,067,000 | 982,000 | 1,008,000 |
| Securities available for sale | 24,333,000 | 23,296,000 | 21,827,000 | 18,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,793,000 | 94,048,000 | 87,130,000 | 85,593,000 |
| Interest-bearing deposits | 76,461,000 | 74,221,000 | 68,066,000 | 67,546,000 |
| Noninterest-bearing deposits | 18,332,000 | 19,827,000 | 19,064,000 | 18,047,000 |
| Equity capital | 13,232,000 | 13,022,000 | 12,808,000 | 12,752,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,091,000 | 2,144,000 | 3,239,000 | 4,314,000 |
| Interest expense | 225,000 | 440,000 | 652,000 | 855,000 |
| Net interest income | 866,000 | 1,704,000 | 2,587,000 | 3,459,000 |
| Noninterest income | 357,000 | 541,000 | 413,000 | 632,000 |
| Noninterest expense | 1,444,000 | 2,795,000 | 4,203,000 | 5,471,000 |
| Provision for loan losses | 0 | 120,000 | 230,000 | 240,000 |
| Pretax income | -208,000 | -657,000 | -1,420,000 | -1,538,000 |
| Income tax | -119,000 | -273,000 | -528,000 | -572,000 |
| Net income | -89,000 | -384,000 | -892,000 | -966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,027,000 | 10,635,000 | 10,254,000 | 10,181,000 |
| Total capital | 12,002,000 | 11,597,000 | 11,176,000 | 11,068,000 |
| Risk-weighted assets | 77,556,000 | 76,877,000 | 73,709,000 | 70,749,000 |