Call reports 2014
F&M BANK — 2014
What F&M BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 831,761,000 | 853,331,000 | 838,678,000 | 839,930,000 |
| Total loans | 679,426,000 | 702,951,000 | 693,056,000 | 694,880,000 |
| Allowance for loan losses | 5,433,000 | 5,371,000 | 5,392,000 | 5,070,000 |
| Securities available for sale | 72,133,000 | 71,065,000 | 69,525,000 | 68,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 675,670,000 | 685,234,000 | 686,251,000 | 695,729,000 |
| Interest-bearing deposits | 600,279,000 | 608,948,000 | 605,022,000 | 614,266,000 |
| Noninterest-bearing deposits | 75,391,000 | 76,286,000 | 81,229,000 | 81,463,000 |
| Equity capital | 68,052,000 | 69,516,000 | 70,023,000 | 71,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,174,000 | 16,874,000 | 25,126,000 | 33,760,000 |
| Interest expense | 1,168,000 | 2,376,000 | 3,608,000 | 4,854,000 |
| Net interest income | 7,006,000 | 14,498,000 | 21,518,000 | 28,906,000 |
| Noninterest income | 2,550,000 | 5,818,000 | 9,085,000 | 11,785,000 |
| Noninterest expense | 7,939,000 | 16,215,000 | 24,330,000 | 32,110,000 |
| Provision for loan losses | 171,000 | 171,000 | 312,000 | 312,000 |
| Pretax income | 1,446,000 | 3,930,000 | 5,954,000 | 8,262,000 |
| Income tax | 414,000 | 1,129,000 | 1,690,000 | 2,420,000 |
| Net income | 882,000 | 2,510,000 | 3,833,000 | 5,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,716,000 | 76,654,000 | 77,227,000 | 78,414,000 |
| Total capital | 81,149,000 | 82,035,000 | 82,626,000 | 83,501,000 |
| Risk-weighted assets | 659,506,000 | 666,888,000 | 665,949,000 | 672,859,000 |