Call reports 2021
F&M BANK AND TRUST COMPANY — 2021
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 160,658,000 | 162,280,000 | 161,814,000 | 162,033,000 |
| Total loans | 99,971,000 | 98,909,000 | 93,374,000 | 87,939,000 |
| Allowance for loan losses | 1,498,000 | 1,480,000 | 1,486,000 | 1,490,000 |
| Securities available for sale | 36,226,000 | 45,897,000 | 46,939,000 | 51,886,000 |
| Securities held to maturity | 0 | 0 | 3,180,000 | 5,164,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,814,000 | 147,418,000 | 146,692,000 | 146,705,000 |
| Interest-bearing deposits | 110,578,000 | 114,069,000 | 113,289,000 | 113,208,000 |
| Noninterest-bearing deposits | 35,236,000 | 33,349,000 | 33,403,000 | 33,497,000 |
| Equity capital | 14,216,000 | 14,496,000 | 14,762,000 | 15,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,248,000 | 2,502,000 | 3,796,000 | 4,962,000 |
| Interest expense | 118,000 | 230,000 | 332,000 | 425,000 |
| Net interest income | 1,130,000 | 2,272,000 | 3,464,000 | 4,537,000 |
| Noninterest income | 350,000 | 676,000 | 930,000 | 1,767,000 |
| Noninterest expense | 971,000 | 1,935,000 | 2,931,000 | 3,911,000 |
| Provision for loan losses | 10,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | 513,000 | 1,041,000 | 1,496,000 | 2,430,000 |
| Income tax | 137,000 | 277,000 | 393,000 | 458,000 |
| Net income | 376,000 | 764,000 | 1,103,000 | 1,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,837,000 | 14,225,000 | 14,464,000 | 15,333,000 |