Call reports 2024
FM BANK AND TRUST — 2024
What FM BANK AND TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 407,500,000 | 410,384,000 | 432,442,000 | 429,690,000 |
| Total loans | 310,970,000 | 332,187,000 | 357,642,000 | 344,401,000 |
| Allowance for loan losses | 5,962,000 | 6,061,000 | 6,035,000 | 6,169,000 |
| Securities available for sale | 13,104,000 | 10,151,000 | 10,115,000 | 9,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,730,000 | 371,812,000 | 391,388,000 | 391,101,000 |
| Interest-bearing deposits | 352,551,000 | 354,720,000 | 374,312,000 | 376,216,000 |
| Noninterest-bearing deposits | 18,179,000 | 17,092,000 | 17,076,000 | 14,885,000 |
| Equity capital | 34,550,000 | 36,058,000 | 37,929,000 | 36,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,009,000 | 12,703,000 | 19,710,000 | 27,052,000 |
| Interest expense | 2,237,000 | 4,901,000 | 7,734,000 | 10,757,000 |
| Net interest income | 3,772,000 | 7,802,000 | 11,976,000 | 16,295,000 |
| Noninterest income | 495,000 | 997,000 | 1,431,000 | 3,328,000 |
| Noninterest expense | 1,871,000 | 3,767,000 | 5,745,000 | 8,042,000 |
| Provision for loan losses | 0 | 100,000 | 110,000 | 475,000 |
| Pretax income | 2,396,000 | 4,885,000 | 7,530,000 | 11,074,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,396,000 | 4,885,000 | 7,530,000 | 11,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,780,000 | 37,269,000 | 38,763,000 | 37,524,000 |
| Total capital | 39,702,000 | 41,494,000 | 43,236,000 | 41,945,000 |
| Risk-weighted assets | 311,691,000 | 336,016,000 | 356,177,000 | 351,865,000 |