Call reports 2022
F&M BANK — 2022
What F&M BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 369,004,000 | 362,781,000 | 370,168,000 | 365,524,000 |
| Total loans | 240,671,000 | 233,413,000 | 236,011,000 | 255,101,000 |
| Allowance for loan losses | 2,845,000 | 2,845,000 | 2,895,000 | 3,042,000 |
| Securities available for sale | 45,434,000 | 84,588,000 | 82,540,000 | 72,275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,756,000 | 324,727,000 | 332,865,000 | 330,331,000 |
| Interest-bearing deposits | 215,527,000 | 213,739,000 | 219,617,000 | 221,107,000 |
| Noninterest-bearing deposits | 108,229,000 | 110,988,000 | 113,248,000 | 109,224,000 |
| Equity capital | 33,700,000 | 33,767,000 | 34,178,000 | 32,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,403,000 | 5,094,000 | 8,077,000 | 11,623,000 |
| Interest expense | 133,000 | 312,000 | 724,000 | 1,660,000 |
| Net interest income | 2,270,000 | 4,782,000 | 7,353,000 | 9,963,000 |
| Noninterest income | 861,000 | 1,651,000 | 2,442,000 | 3,325,000 |
| Noninterest expense | 2,192,000 | 4,370,000 | 6,530,000 | 8,784,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 200,000 |
| Pretax income | 939,000 | 2,063,000 | 3,215,000 | 4,304,000 |
| Income tax | 29,000 | 59,000 | 93,000 | 127,000 |
| Net income | 910,000 | 2,004,000 | 3,122,000 | 4,177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,564,000 | 35,658,000 | 36,775,000 | 34,931,000 |