Call reports 2022
F&M BANK AND TRUST COMPANY — 2022
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 161,668,000 | 160,121,000 | 162,967,000 | 165,840,000 |
| Total loans | 90,100,000 | 95,661,000 | 96,636,000 | 99,848,000 |
| Allowance for loan losses | 1,494,000 | 1,527,000 | 1,479,000 | 1,479,000 |
| Securities available for sale | 51,373,000 | 49,656,000 | 47,826,000 | 48,431,000 |
| Securities held to maturity | 5,829,000 | 5,831,000 | 5,834,000 | 5,837,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,142,000 | 147,573,000 | 153,193,000 | 155,011,000 |
| Interest-bearing deposits | 114,066,000 | 110,609,000 | 116,573,000 | 120,367,000 |
| Noninterest-bearing deposits | 35,076,000 | 36,964,000 | 36,620,000 | 34,644,000 |
| Equity capital | 12,274,000 | 10,935,000 | 9,339,000 | 10,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,118,000 | 2,312,000 | 3,571,000 | 4,920,000 |
| Interest expense | 82,000 | 186,000 | 370,000 | 636,000 |
| Net interest income | 1,036,000 | 2,126,000 | 3,201,000 | 4,284,000 |
| Noninterest income | 212,000 | 376,000 | 551,000 | 709,000 |
| Noninterest expense | 973,000 | 1,920,000 | 2,851,000 | 3,756,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 270,000 | 577,000 | 902,000 | 1,242,000 |
| Income tax | 68,000 | 154,000 | 244,000 | 341,000 |
| Net income | 202,000 | 423,000 | 658,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,328,000 | 15,550,000 | 15,645,000 | 15,888,000 |