Call reports 2003
F&M BANK — 2003
What F&M BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 79,549,000 | 79,202,000 | 79,618,000 | 83,726,000 |
| Total loans | 60,658,000 | 57,186,000 | 57,547,000 | 62,188,000 |
| Allowance for loan losses | 1,055,000 | 905,000 | 904,000 | 924,000 |
| Securities available for sale | 12,974,000 | 11,989,000 | 17,156,000 | 17,894,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,948,000 | 65,263,000 | 65,827,000 | 68,703,000 |
| Interest-bearing deposits | 59,852,000 | 59,233,000 | 59,605,000 | 59,443,000 |
| Noninterest-bearing deposits | 5,096,000 | 6,030,000 | 6,222,000 | 9,260,000 |
| Equity capital | 6,400,000 | 6,631,000 | 6,477,000 | 6,176,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,138,000 | 2,283,000 | 3,353,000 | 4,408,000 |
| Interest expense | 451,000 | 882,000 | 1,280,000 | 1,648,000 |
| Net interest income | 687,000 | 1,401,000 | 2,073,000 | 2,760,000 |
| Noninterest income | 88,000 | 174,000 | 256,000 | 354,000 |
| Noninterest expense | 420,000 | 839,000 | 1,238,000 | 1,673,000 |
| Provision for loan losses | 0 | -150,000 | -150,000 | -150,000 |
| Pretax income | 397,000 | 928,000 | 1,283,000 | 1,633,000 |
| Income tax | 8,000 | 15,000 | 22,000 | 31,000 |
| Net income | 389,000 | 913,000 | 1,261,000 | 1,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,200,000 | 6,374,000 | 6,422,000 | 6,113,000 |
| Total capital | 7,001,000 | 7,145,000 | 7,202,000 | 6,948,000 |
| Risk-weighted assets | 63,822,000 | 61,519,000 | 62,238,000 | 66,735,000 |