Call reports 2019
F&M BANK AND TRUST COMPANY — 2019
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 132,739,000 | 127,314,000 | 132,099,000 | 133,632,000 |
| Total loans | 100,727,000 | 100,408,000 | 103,060,000 | 102,734,000 |
| Allowance for loan losses | 1,326,000 | 1,326,000 | 1,274,000 | 1,291,000 |
| Securities available for sale | 12,347,000 | 17,045,000 | 15,654,000 | 15,416,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,876,000 | 113,610,000 | 117,876,000 | 119,988,000 |
| Interest-bearing deposits | 96,411,000 | 89,859,000 | 93,844,000 | 97,378,000 |
| Noninterest-bearing deposits | 22,465,000 | 23,751,000 | 24,032,000 | 22,610,000 |
| Equity capital | 13,442,000 | 13,247,000 | 13,554,000 | 12,885,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,233,000 | 2,490,000 | 3,762,000 | 5,059,000 |
| Interest expense | 172,000 | 352,000 | 524,000 | 705,000 |
| Net interest income | 1,061,000 | 2,138,000 | 3,238,000 | 4,354,000 |
| Noninterest income | 158,000 | 356,000 | 578,000 | 832,000 |
| Noninterest expense | 883,000 | 1,777,000 | 2,708,000 | 3,647,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 336,000 | 717,000 | 1,108,000 | 1,539,000 |
| Income tax | 93,000 | 197,000 | 300,000 | 410,000 |
| Net income | 243,000 | 520,000 | 808,000 | 1,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,332,000 | 12,152,000 | 12,521,000 | 11,936,000 |
| Total capital | 13,432,000 | 13,238,000 | 13,662,000 | 13,089,000 |
| Risk-weighted assets | 87,781,000 | 86,651,000 | 91,142,000 | 92,141,000 |