Call reports 2019
F&M BANK — 2019
What F&M BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,149,905,000 | 1,150,248,000 | 1,174,906,000 | 1,171,241,000 |
| Total loans | 876,344,000 | 870,739,000 | 866,585,000 | 848,704,000 |
| Allowance for loan losses | 3,291,000 | 3,301,000 | 3,483,000 | 3,136,000 |
| Securities available for sale | 98,272,000 | 102,517,000 | 105,319,000 | 103,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 945,625,000 | 945,006,000 | 964,909,000 | 961,576,000 |
| Interest-bearing deposits | 802,327,000 | 798,250,000 | 796,604,000 | 805,309,000 |
| Noninterest-bearing deposits | 143,298,000 | 146,756,000 | 168,305,000 | 156,267,000 |
| Equity capital | 123,945,000 | 125,070,000 | 130,191,000 | 131,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,001,000 | 24,591,000 | 37,224,000 | 49,211,000 |
| Interest expense | 3,435,000 | 7,134,000 | 10,873,000 | 14,522,000 |
| Net interest income | 8,566,000 | 17,457,000 | 26,351,000 | 34,689,000 |
| Noninterest income | 4,322,000 | 10,830,000 | 17,901,000 | 24,858,000 |
| Noninterest expense | 11,288,000 | 23,836,000 | 36,727,000 | 49,836,000 |
| Provision for loan losses | 320,000 | 552,000 | 772,000 | 772,000 |
| Pretax income | 1,280,000 | 3,899,000 | 6,753,000 | 9,101,000 |
| Income tax | 289,000 | 890,000 | 1,629,000 | 2,057,000 |
| Net income | 991,000 | 3,009,000 | 5,124,000 | 7,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,194,000 | 95,390,000 | 99,901,000 | 101,770,000 |
| Total capital | 98,485,000 | 98,691,000 | 103,400,000 | 104,906,000 |
| Risk-weighted assets | 922,288,000 | 898,065,000 | 882,504,000 | 875,680,000 |