Call reports 2023
F&M BANK — 2023
What F&M BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 368,760,000 | 348,254,000 | 345,331,000 | 346,700,000 |
| Total loans | 246,891,000 | 239,117,000 | 244,710,000 | 278,336,000 |
| Allowance for loan losses | 3,042,000 | 3,039,000 | 3,037,000 | 3,032,000 |
| Securities available for sale | 72,326,000 | 66,369,000 | 59,777,000 | 48,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 326,041,000 | 310,924,000 | 305,995,000 | 303,128,000 |
| Interest-bearing deposits | 223,088,000 | 214,071,000 | 208,284,000 | 208,099,000 |
| Noninterest-bearing deposits | 102,953,000 | 96,853,000 | 97,711,000 | 95,029,000 |
| Equity capital | 34,049,000 | 34,935,000 | 36,241,000 | 34,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,690,000 | 7,616,000 | 11,742,000 | 16,018,000 |
| Interest expense | 1,064,000 | 2,158,000 | 3,323,000 | 4,513,000 |
| Net interest income | 2,626,000 | 5,458,000 | 8,419,000 | 11,505,000 |
| Noninterest income | 808,000 | 1,668,000 | 2,461,000 | 3,233,000 |
| Noninterest expense | 2,375,000 | 4,799,000 | 7,270,000 | 9,620,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,059,000 | 2,327,000 | 3,610,000 | 5,118,000 |
| Income tax | 29,000 | 59,000 | 88,000 | 121,000 |
| Net income | 1,030,000 | 2,268,000 | 3,522,000 | 4,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,961,000 | 37,199,000 | 38,453,000 | 35,929,000 |