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Call reports 2016

F&M BANK — 2016

What F&M BANK reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7e8f7c5a-e23b-4b3d-8d5f-858aae3c0f71/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets888,326,000929,877,000947,140,000978,809,000
Total loans699,349,000737,802,000757,612,000790,517,000
Allowance for loan losses452,000680,0001,128,0001,498,000
Securities available for sale33,064,00050,521,00062,143,00070,707,000
Securities held to maturity0000
Trading assets0000
Total deposits702,513,000701,576,000745,329,000751,935,000
Interest-bearing deposits603,469,000596,713,000634,800,000640,732,000
Noninterest-bearing deposits99,044,000104,863,000110,529,000111,203,000
Equity capital110,784,000112,757,000113,383,000112,173,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income8,909,00017,874,00027,439,00037,014,000
Interest expense1,199,0002,407,0003,764,0004,367,000
Net interest income7,710,00015,467,00023,675,00032,647,000
Noninterest income4,813,00010,902,00017,187,00022,712,000
Noninterest expense10,657,00021,284,00032,052,00043,722,000
Provision for loan losses405,000680,0001,313,0001,796,000
Pretax income1,437,0004,381,0007,473,0009,817,000
Income tax536,0001,665,0002,993,0003,736,000
Net income901,0002,716,0004,480,0006,081,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital83,720,00085,445,00086,261,00087,155,000
Total capital84,198,00086,159,00087,417,00088,653,000
Risk-weighted assets721,397,000757,091,000781,269,000807,612,000