Call reports 2018
F&M BANK AND TRUST COMPANY — 2018
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 121,881,000 | 127,035,000 | 124,762,000 | 127,530,000 |
| Total loans | 99,694,000 | 100,314,000 | 99,110,000 | 101,079,000 |
| Allowance for loan losses | 1,315,000 | 1,309,000 | 1,325,000 | 1,325,000 |
| Securities available for sale | 9,493,000 | 10,043,000 | 11,858,000 | 12,321,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,429,000 | 111,297,000 | 111,059,000 | 113,493,000 |
| Interest-bearing deposits | 84,731,000 | 90,023,000 | 89,101,000 | 93,124,000 |
| Noninterest-bearing deposits | 21,698,000 | 21,274,000 | 21,958,000 | 20,369,000 |
| Equity capital | 12,451,000 | 12,672,000 | 12,887,000 | 13,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,125,000 | 2,249,000 | 3,426,000 | 4,657,000 |
| Interest expense | 158,000 | 290,000 | 434,000 | 579,000 |
| Net interest income | 967,000 | 1,959,000 | 2,992,000 | 4,078,000 |
| Noninterest income | 197,000 | 384,000 | 558,000 | 735,000 |
| Noninterest expense | 863,000 | 1,693,000 | 2,552,000 | 3,430,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 301,000 | 650,000 | 998,000 | 1,383,000 |
| Income tax | 75,000 | 158,000 | 265,000 | 401,000 |
| Net income | 226,000 | 492,000 | 733,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,382,000 | 11,707,000 | 12,011,000 | 12,327,000 |
| Total capital | 12,439,000 | 12,788,000 | 13,084,000 | 13,415,000 |
| Risk-weighted assets | 84,288,000 | 86,280,000 | 85,629,000 | 86,871,000 |