Call reports 2013
F&M BANK — 2013
What F&M BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 804,683,000 | 805,467,000 | 788,940,000 | 820,042,000 |
| Total loans | 642,903,000 | 657,387,000 | 641,389,000 | 660,802,000 |
| Allowance for loan losses | 7,258,000 | 7,374,000 | 6,545,000 | 5,299,000 |
| Securities available for sale | 60,722,000 | 61,401,000 | 64,306,000 | 72,693,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 667,945,000 | 663,568,000 | 647,103,000 | 669,376,000 |
| Interest-bearing deposits | 598,023,000 | 590,269,000 | 575,502,000 | 585,978,000 |
| Noninterest-bearing deposits | 69,922,000 | 73,299,000 | 71,601,000 | 83,398,000 |
| Equity capital | 66,408,000 | 66,034,000 | 66,842,000 | 66,555,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 8,083,000 | 16,146,000 | 24,271,000 | 32,341,000 |
| Interest expense | 1,280,000 | 2,564,000 | 3,822,000 | 5,034,000 |
| Net interest income | 6,803,000 | 13,582,000 | 20,449,000 | 27,307,000 |
| Noninterest income | 3,577,000 | 7,834,000 | 11,062,000 | 13,931,000 |
| Noninterest expense | 7,922,000 | 16,467,000 | 24,797,000 | 32,980,000 |
| Provision for loan losses | 100,000 | 405,000 | 776,000 | 814,000 |
| Pretax income | 2,358,000 | 4,544,000 | 5,902,000 | 7,408,000 |
| Income tax | 758,000 | 1,451,000 | 1,857,000 | 2,256,000 |
| Net income | 1,450,000 | 2,802,000 | 3,614,000 | 4,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,111,000 | 73,765,000 | 74,575,000 | 74,821,000 |
| Total capital | 80,418,000 | 81,150,000 | 81,126,000 | 80,120,000 |
| Risk-weighted assets | 622,556,000 | 633,067,000 | 630,524,000 | 644,730,000 |