Call reports 2008
F&M BANK — 2008
What F&M BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 651,852,000 | 675,364,000 | 709,114,000 | 722,397,000 |
| Total loans | 505,016,000 | 549,049,000 | 576,482,000 | 588,781,000 |
| Allowance for loan losses | 3,727,000 | 3,893,000 | 4,021,000 | 4,078,000 |
| Securities available for sale | 88,134,000 | 63,912,000 | 64,015,000 | 65,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 534,296,000 | 536,039,000 | 572,089,000 | 596,694,000 |
| Interest-bearing deposits | 475,140,000 | 475,200,000 | 511,669,000 | 537,772,000 |
| Noninterest-bearing deposits | 59,156,000 | 60,839,000 | 60,420,000 | 58,922,000 |
| Equity capital | 52,936,000 | 52,867,000 | 55,490,000 | 52,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,978,000 | 19,642,000 | 29,363,000 | 39,061,000 |
| Interest expense | 5,311,000 | 10,121,000 | 14,927,000 | 19,653,000 |
| Net interest income | 4,667,000 | 9,521,000 | 14,436,000 | 19,408,000 |
| Noninterest income | 1,443,000 | 3,180,000 | 5,708,000 | 7,414,000 |
| Noninterest expense | 5,249,000 | 10,647,000 | 16,134,000 | 23,693,000 |
| Provision for loan losses | 175,000 | 689,000 | 1,239,000 | 1,469,000 |
| Pretax income | 1,032,000 | 1,992,000 | 3,398,000 | 2,625,000 |
| Income tax | 280,000 | 478,000 | 556,000 | -112,000 |
| Net income | 752,000 | 1,514,000 | 2,842,000 | 2,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,814,000 | 53,398,000 | 55,303,000 | 59,714,000 |
| Total capital | 55,541,000 | 57,291,000 | 59,324,000 | 63,792,000 |
| Risk-weighted assets | 523,256,000 | 563,541,000 | 574,771,000 | 589,227,000 |