Call reports 2016
F&M BANK — 2016
What F&M BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 259,862,000 | 257,856,000 | 263,369,000 | 277,419,000 |
| Total loans | 203,876,000 | 208,298,000 | 200,323,000 | 205,666,000 |
| Allowance for loan losses | 2,446,000 | 2,507,000 | 2,568,000 | 2,627,000 |
| Securities available for sale | 36,895,000 | 32,748,000 | 28,633,000 | 25,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,786,000 | 225,864,000 | 229,087,000 | 245,613,000 |
| Interest-bearing deposits | 171,488,000 | 167,498,000 | 170,155,000 | 177,328,000 |
| Noninterest-bearing deposits | 57,298,000 | 58,366,000 | 58,932,000 | 68,285,000 |
| Equity capital | 26,136,000 | 26,982,000 | 27,691,000 | 26,628,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,538,000 | 5,053,000 | 7,517,000 | 9,907,000 |
| Interest expense | 217,000 | 436,000 | 662,000 | 889,000 |
| Net interest income | 2,321,000 | 4,617,000 | 6,855,000 | 9,018,000 |
| Noninterest income | 572,000 | 1,160,000 | 1,798,000 | 2,412,000 |
| Noninterest expense | 1,892,000 | 3,818,000 | 5,848,000 | 7,891,000 |
| Provision for loan losses | 60,000 | 121,000 | 180,000 | 240,000 |
| Pretax income | 984,000 | 1,881,000 | 2,668,000 | 3,342,000 |
| Income tax | 29,000 | 59,000 | 88,000 | 117,000 |
| Net income | 955,000 | 1,822,000 | 2,580,000 | 3,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,885,000 | 26,752,000 | 27,510,000 | 26,655,000 |
| Total capital | 28,367,000 | 29,295,000 | 30,114,000 | 29,318,000 |
| Risk-weighted assets | 227,682,000 | 229,810,000 | 224,009,000 | 231,180,000 |