Call reports 2022
F&M BANK — 2022
What F&M BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,412,443,000 | 1,521,945,000 | 1,530,223,000 | 1,556,974,000 |
| Total loans | 1,063,022,000 | 1,164,508,000 | 1,222,293,000 | 1,245,540,000 |
| Allowance for loan losses | 5,502,000 | 6,192,000 | 6,428,000 | 6,396,000 |
| Securities available for sale | 140,959,000 | 151,320,000 | 136,614,000 | 140,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,225,282,000 | 1,335,164,000 | 1,322,865,000 | 1,351,736,000 |
| Interest-bearing deposits | 940,974,000 | 1,014,658,000 | 1,004,810,000 | 1,075,854,000 |
| Noninterest-bearing deposits | 284,308,000 | 320,506,000 | 318,055,000 | 275,882,000 |
| Equity capital | 144,753,000 | 143,681,000 | 140,758,000 | 149,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 11,252,000 | 23,648,000 | 38,250,000 | 54,969,000 |
| Interest expense | 561,000 | 1,520,000 | 2,832,000 | 5,580,000 |
| Net interest income | 10,691,000 | 22,128,000 | 35,418,000 | 49,389,000 |
| Noninterest income | 4,377,000 | 9,712,000 | 13,776,000 | 16,844,000 |
| Noninterest expense | 11,641,000 | 23,514,000 | 36,173,000 | 48,513,000 |
| Provision for loan losses | 152,000 | 854,000 | 994,000 | 994,000 |
| Pretax income | 3,063,000 | 7,178,000 | 11,473,000 | 16,072,000 |
| Income tax | 194,000 | 452,000 | 708,000 | 1,048,000 |
| Net income | 2,892,000 | 6,769,000 | 10,815,000 | 15,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,214,000 | 132,958,000 | 137,262,000 | 141,696,000 |
| Total capital | 131,716,000 | 139,150,000 | 143,690,000 | 148,092,000 |
| Risk-weighted assets | 1,222,644,000 | 1,302,080,000 | 1,332,204,000 | 1,325,084,000 |