Call reports 2017
F&M BANK AND TRUST COMPANY — 2017
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 134,073,000 | 126,367,000 | 125,056,000 | 125,006,000 |
| Total loans | 108,558,000 | 103,461,000 | 100,535,000 | 101,272,000 |
| Allowance for loan losses | 1,243,000 | 1,275,000 | 1,322,000 | 1,322,000 |
| Securities available for sale | 10,120,000 | 10,086,000 | 10,025,000 | 11,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,182,000 | 102,325,000 | 100,626,000 | 102,753,000 |
| Interest-bearing deposits | 86,528,000 | 82,322,000 | 79,772,000 | 82,389,000 |
| Noninterest-bearing deposits | 20,654,000 | 20,003,000 | 20,854,000 | 20,364,000 |
| Equity capital | 12,639,000 | 12,857,000 | 13,056,000 | 12,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,136,000 | 2,271,000 | 3,400,000 | 4,591,000 |
| Interest expense | 182,000 | 351,000 | 507,000 | 660,000 |
| Net interest income | 954,000 | 1,920,000 | 2,893,000 | 3,931,000 |
| Noninterest income | 224,000 | 456,000 | 652,000 | 857,000 |
| Noninterest expense | 894,000 | 1,751,000 | 2,622,000 | 3,421,000 |
| Provision for loan losses | 55,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 229,000 | 535,000 | 833,000 | 1,277,000 |
| Income tax | 79,000 | 185,000 | 289,000 | 1,419,000 |
| Net income | 150,000 | 350,000 | 544,000 | -142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,024,000 | 10,337,000 | 10,638,000 | 10,903,000 |
| Total capital | 11,211,000 | 11,478,000 | 11,718,000 | 11,980,000 |
| Risk-weighted assets | 94,450,000 | 90,758,000 | 85,762,000 | 85,743,000 |