Call reports 2021
F&M BANK — 2021
What F&M BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,319,519,000 | 1,311,318,000 | 1,345,269,000 | 1,398,075,000 |
| Total loans | 977,311,000 | 999,505,000 | 977,633,000 | 1,047,600,000 |
| Allowance for loan losses | 9,001,000 | 6,113,000 | 6,115,000 | 5,386,000 |
| Securities available for sale | 132,381,000 | 134,799,000 | 138,769,000 | 143,782,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,112,766,000 | 1,120,029,000 | 1,160,035,000 | 1,203,843,000 |
| Interest-bearing deposits | 890,910,000 | 885,487,000 | 915,235,000 | 936,586,000 |
| Noninterest-bearing deposits | 221,856,000 | 234,542,000 | 244,800,000 | 267,257,000 |
| Equity capital | 139,932,000 | 147,556,000 | 142,612,000 | 154,317,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,443,000 | 20,950,000 | 31,464,000 | 42,359,000 |
| Interest expense | 1,385,000 | 2,354,000 | 3,066,000 | 3,640,000 |
| Net interest income | 9,058,000 | 18,596,000 | 28,398,000 | 38,719,000 |
| Noninterest income | 9,198,000 | 16,212,000 | 23,083,000 | 29,282,000 |
| Noninterest expense | 13,207,000 | 26,014,000 | 38,940,000 | 51,794,000 |
| Provision for loan losses | 100,000 | -2,800,000 | -2,800,000 | -3,643,000 |
| Pretax income | 4,907,000 | 11,543,000 | 15,266,000 | 19,777,000 |
| Income tax | 319,000 | 729,000 | 973,000 | 1,248,000 |
| Net income | 4,603,000 | 10,813,000 | 14,317,000 | 18,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,970,000 | 115,335,000 | 111,674,000 | 123,155,000 |
| Total capital | 117,971,000 | 121,448,000 | 117,789,000 | 128,541,000 |
| Risk-weighted assets | 1,043,479,000 | 1,066,457,000 | 1,106,336,000 | 1,194,008,000 |