Call reports 2008
F&M BANK — 2008
What F&M BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,573,000 | 100,139,000 | 97,756,000 | 107,075,000 |
| Total loans | 74,057,000 | 76,597,000 | 74,990,000 | 78,742,000 |
| Allowance for loan losses | 1,003,000 | 1,005,000 | 1,037,000 | 1,034,000 |
| Securities available for sale | 13,557,000 | 12,323,000 | 12,883,000 | 12,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,484,000 | 86,034,000 | 83,094,000 | 90,004,000 |
| Interest-bearing deposits | 70,609,000 | 72,272,000 | 72,629,000 | 73,155,000 |
| Noninterest-bearing deposits | 10,875,000 | 13,762,000 | 10,465,000 | 16,849,000 |
| Equity capital | 8,194,000 | 8,013,000 | 8,128,000 | 7,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,577,000 | 2,946,000 | 4,263,000 | 5,627,000 |
| Interest expense | 787,000 | 1,409,000 | 2,001,000 | 2,526,000 |
| Net interest income | 790,000 | 1,537,000 | 2,262,000 | 3,101,000 |
| Noninterest income | 218,000 | 443,000 | 659,000 | 893,000 |
| Noninterest expense | 787,000 | 1,535,000 | 2,315,000 | 3,131,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 425,000 |
| Pretax income | 221,000 | 445,000 | 576,000 | 438,000 |
| Income tax | 13,000 | 25,000 | 37,000 | 34,000 |
| Net income | 208,000 | 420,000 | 539,000 | 404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,030,000 | 7,943,000 | 8,062,000 | 7,777,000 |
| Total capital | 9,033,000 | 8,948,000 | 9,116,000 | 8,828,000 |
| Risk-weighted assets | 82,881,000 | 87,958,000 | 84,690,000 | 87,970,000 |