Call reports 2023
F&M BANK — 2023
What F&M BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,686,336,000 | 1,680,937,000 | 1,706,916,000 | 1,794,518,000 |
| Total loans | 1,248,553,000 | 1,239,412,000 | 1,257,804,000 | 1,276,580,000 |
| Allowance for loan losses | 8,419,000 | 8,534,000 | 8,742,000 | 8,854,000 |
| Securities available for sale | 126,942,000 | 156,146,000 | 168,175,000 | 182,577,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,469,251,000 | 1,462,342,000 | 1,503,063,000 | 1,581,720,000 |
| Interest-bearing deposits | 1,213,553,000 | 1,215,795,000 | 1,275,500,000 | 1,333,534,000 |
| Noninterest-bearing deposits | 255,698,000 | 246,547,000 | 227,563,000 | 248,186,000 |
| Equity capital | 150,829,000 | 152,610,000 | 137,263,000 | 148,762,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,159,000 | 38,619,000 | 60,305,000 | 82,961,000 |
| Interest expense | 5,357,000 | 13,281,000 | 22,768,000 | 33,674,000 |
| Net interest income | 12,802,000 | 25,338,000 | 37,537,000 | 49,287,000 |
| Noninterest income | 3,184,000 | 6,712,000 | 9,984,000 | 12,397,000 |
| Noninterest expense | 12,111,000 | 24,966,000 | 37,162,000 | 49,159,000 |
| Provision for loan losses | 150,000 | 322,000 | 645,000 | 775,000 |
| Pretax income | 3,758,000 | 6,812,000 | 9,576,000 | 11,694,000 |
| Income tax | 246,000 | 446,000 | 651,000 | 761,000 |
| Net income | 3,532,000 | 6,493,000 | 9,070,000 | 11,096,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,806,000 | 146,464,000 | 137,319,000 | 139,603,000 |
| Total capital | 149,992,000 | 153,700,000 | 144,818,000 | 147,215,000 |
| Risk-weighted assets | 1,312,047,000 | 1,299,709,000 | 1,324,275,000 | 1,350,185,000 |