Call reports 2014
F&M BANK — 2014
What F&M BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 266,544,000 | 276,408,000 | 271,181,000 | 285,372,000 |
| Total loans | 172,866,000 | 173,913,000 | 179,041,000 | 199,065,000 |
| Allowance for loan losses | 2,097,000 | 2,147,000 | 2,219,000 | 2,270,000 |
| Securities available for sale | 58,898,000 | 72,618,000 | 69,057,000 | 57,686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,605,000 | 229,205,000 | 234,707,000 | 249,890,000 |
| Interest-bearing deposits | 179,846,000 | 180,441,000 | 182,296,000 | 179,968,000 |
| Noninterest-bearing deposits | 52,759,000 | 48,764,000 | 52,411,000 | 69,922,000 |
| Equity capital | 27,038,000 | 23,693,000 | 24,533,000 | 24,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,322,000 | 4,629,000 | 7,066,000 | 9,549,000 |
| Interest expense | 230,000 | 457,000 | 680,000 | 893,000 |
| Net interest income | 2,092,000 | 4,172,000 | 6,386,000 | 8,656,000 |
| Noninterest income | 520,000 | 1,059,000 | 1,600,000 | 2,161,000 |
| Noninterest expense | 1,978,000 | 3,988,000 | 5,894,000 | 7,890,000 |
| Provision for loan losses | 50,000 | 100,000 | 149,000 | 199,000 |
| Pretax income | 584,000 | 1,143,000 | 1,943,000 | 2,774,000 |
| Income tax | 26,000 | 52,000 | 78,000 | 105,000 |
| Net income | 558,000 | 1,091,000 | 1,865,000 | 2,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,470,000 | 23,004,000 | 23,778,000 | 23,582,000 |
| Total capital | 28,603,000 | 25,187,000 | 26,033,000 | 25,888,000 |
| Risk-weighted assets | 220,715,000 | 227,484,000 | 233,939,000 | 252,271,000 |