Call reports 2017
F&M BANK — 2017
What F&M BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 270,135,000 | 269,780,000 | 276,443,000 | 289,336,000 |
| Total loans | 199,729,000 | 197,154,000 | 197,756,000 | 215,069,000 |
| Allowance for loan losses | 2,667,000 | 2,669,000 | 2,667,000 | 2,666,000 |
| Securities available for sale | 38,361,000 | 47,778,000 | 47,916,000 | 48,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,345,000 | 237,906,000 | 242,853,000 | 256,532,000 |
| Interest-bearing deposits | 174,072,000 | 173,283,000 | 171,676,000 | 170,684,000 |
| Noninterest-bearing deposits | 64,273,000 | 64,623,000 | 71,177,000 | 85,848,000 |
| Equity capital | 25,184,000 | 26,237,000 | 26,711,000 | 27,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,434,000 | 4,990,000 | 7,606,000 | 10,259,000 |
| Interest expense | 253,000 | 517,000 | 788,000 | 1,068,000 |
| Net interest income | 2,181,000 | 4,473,000 | 6,818,000 | 9,191,000 |
| Noninterest income | 617,000 | 1,212,000 | 1,818,000 | 2,457,000 |
| Noninterest expense | 2,014,000 | 4,066,000 | 5,939,000 | 8,037,000 |
| Provision for loan losses | 40,000 | 40,000 | 40,000 | 40,000 |
| Pretax income | 744,000 | 1,577,000 | 2,673,000 | 3,587,000 |
| Income tax | 29,000 | 58,000 | 88,000 | 105,000 |
| Net income | 715,000 | 1,519,000 | 2,585,000 | 3,482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,169,000 | 25,973,000 | 26,539,000 | 27,436,000 |
| Total capital | 27,893,000 | 28,698,000 | 29,261,000 | 30,158,000 |
| Risk-weighted assets | 230,029,000 | 230,338,000 | 231,391,000 | 248,808,000 |