Call reports 2021
F&M BANK — 2021
What F&M BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 330,847,000 | 332,957,000 | 342,872,000 | 350,512,000 |
| Total loans | 237,032,000 | 227,292,000 | 225,863,000 | 241,444,000 |
| Allowance for loan losses | 3,265,000 | 3,349,000 | 2,847,000 | 2,845,000 |
| Securities available for sale | 24,626,000 | 23,339,000 | 20,991,000 | 38,584,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 289,279,000 | 287,622,000 | 298,053,000 | 307,731,000 |
| Interest-bearing deposits | 196,219,000 | 195,286,000 | 200,223,000 | 205,966,000 |
| Noninterest-bearing deposits | 93,060,000 | 92,336,000 | 97,830,000 | 101,765,000 |
| Equity capital | 32,874,000 | 34,263,000 | 35,565,000 | 33,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,766,000 | 5,802,000 | 8,072,000 | 10,439,000 |
| Interest expense | 181,000 | 326,000 | 461,000 | 582,000 |
| Net interest income | 2,585,000 | 5,476,000 | 7,611,000 | 9,857,000 |
| Noninterest income | 906,000 | 1,729,000 | 2,571,000 | 3,394,000 |
| Noninterest expense | 2,213,000 | 4,390,000 | 6,481,000 | 8,561,000 |
| Provision for loan losses | 0 | 0 | -500,000 | -500,000 |
| Pretax income | 1,278,000 | 2,815,000 | 4,201,000 | 5,190,000 |
| Income tax | 41,000 | 108,000 | 155,000 | 190,000 |
| Net income | 1,237,000 | 2,707,000 | 4,046,000 | 5,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,542,000 | 34,012,000 | 35,351,000 | 33,654,000 |