Call reports 2017
F&M BANK — 2017
What F&M BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 984,828,000 | 996,986,000 | 1,017,788,000 | 1,035,744,000 |
| Total loans | 789,893,000 | 827,100,000 | 831,599,000 | 838,927,000 |
| Allowance for loan losses | 1,722,000 | 2,068,000 | 2,658,000 | 2,543,000 |
| Securities available for sale | 77,738,000 | 48,553,000 | 68,587,000 | 81,345,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 781,886,000 | 808,260,000 | 820,388,000 | 825,042,000 |
| Interest-bearing deposits | 667,318,000 | 686,967,000 | 688,381,000 | 700,586,000 |
| Noninterest-bearing deposits | 114,568,000 | 121,293,000 | 132,007,000 | 124,456,000 |
| Equity capital | 112,750,000 | 113,500,000 | 113,797,000 | 116,872,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 9,693,000 | 19,551,000 | 29,646,000 | 39,853,000 |
| Interest expense | 1,378,000 | 2,931,000 | 4,557,000 | 6,244,000 |
| Net interest income | 8,315,000 | 16,620,000 | 25,089,000 | 33,609,000 |
| Noninterest income | 4,293,000 | 10,488,000 | 16,091,000 | 20,691,000 |
| Noninterest expense | 10,166,000 | 20,441,000 | 30,857,000 | 40,764,000 |
| Provision for loan losses | 207,000 | 680,000 | 1,219,000 | 1,219,000 |
| Pretax income | 2,235,000 | 6,011,000 | 9,128,000 | 12,341,000 |
| Income tax | 771,000 | 2,198,000 | 3,330,000 | 3,531,000 |
| Net income | 1,464,000 | 3,813,000 | 5,798,000 | 8,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,095,000 | 87,414,000 | 87,735,000 | 90,431,000 |
| Total capital | 88,817,000 | 89,482,000 | 90,393,000 | 92,974,000 |
| Risk-weighted assets | 819,057,000 | 847,676,000 | 858,433,000 | 871,609,000 |