Call reports 2018
F&M BANK — 2018
What F&M BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,048,916,000 | 1,074,975,000 | 1,096,412,000 | 1,105,154,000 |
| Total loans | 842,565,000 | 861,728,000 | 886,390,000 | 889,870,000 |
| Allowance for loan losses | 2,723,000 | 2,861,000 | 3,048,000 | 3,320,000 |
| Securities available for sale | 90,860,000 | 90,940,000 | 91,021,000 | 94,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 839,742,000 | 853,881,000 | 869,490,000 | 877,710,000 |
| Interest-bearing deposits | 713,557,000 | 717,900,000 | 732,691,000 | 748,608,000 |
| Noninterest-bearing deposits | 126,185,000 | 135,981,000 | 136,799,000 | 129,102,000 |
| Equity capital | 116,325,000 | 117,106,000 | 120,729,000 | 122,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 10,489,000 | 21,200,000 | 33,739,000 | 45,997,000 |
| Interest expense | 1,908,000 | 4,162,000 | 6,816,000 | 9,964,000 |
| Net interest income | 8,581,000 | 17,038,000 | 26,923,000 | 36,033,000 |
| Noninterest income | 4,091,000 | 9,380,000 | 14,762,000 | 19,207,000 |
| Noninterest expense | 9,864,000 | 20,402,000 | 31,361,000 | 42,287,000 |
| Provision for loan losses | 251,000 | 429,000 | 670,000 | 964,000 |
| Pretax income | 2,557,000 | 5,587,000 | 9,636,000 | 11,969,000 |
| Income tax | 685,000 | 1,466,000 | 2,127,000 | 2,685,000 |
| Net income | 1,872,000 | 4,121,000 | 7,509,000 | 9,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,592,000 | 91,811,000 | 96,307,000 | 97,166,000 |
| Total capital | 93,315,000 | 94,672,000 | 99,355,000 | 100,486,000 |
| Risk-weighted assets | 896,317,000 | 912,340,000 | 935,751,000 | 939,107,000 |