Call reports 2002
F & M BANK AND TRUST COMPANY — 2002
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 56,965,000 | 58,293,000 | 58,491,000 | 55,882,000 |
| Total loans | 38,209,000 | 39,876,000 | 39,675,000 | 38,969,000 |
| Allowance for loan losses | 897,000 | 904,000 | 900,000 | 838,000 |
| Securities available for sale | 12,602,000 | 12,363,000 | 11,231,000 | 10,431,000 |
| Securities held to maturity | 213,000 | 203,000 | 203,000 | 203,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,460,000 | 48,663,000 | 48,587,000 | 46,011,000 |
| Interest-bearing deposits | 40,017,000 | 41,212,000 | 39,530,000 | 38,238,000 |
| Noninterest-bearing deposits | 7,444,000 | 7,451,000 | 9,057,000 | 7,773,000 |
| Equity capital | 5,844,000 | 6,121,000 | 6,371,000 | 6,464,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,117,000 | 2,216,000 | 3,274,000 | 4,309,000 |
| Interest expense | 390,000 | 743,000 | 1,070,000 | 1,373,000 |
| Net interest income | 727,000 | 1,473,000 | 2,204,000 | 2,936,000 |
| Noninterest income | 204,000 | 433,000 | 670,000 | 902,000 |
| Noninterest expense | 653,000 | 1,339,000 | 2,037,000 | 2,844,000 |
| Provision for loan losses | 61,000 | 124,000 | 171,000 | 196,000 |
| Pretax income | 217,000 | 447,000 | 788,000 | 921,000 |
| Income tax | 78,000 | 160,000 | 249,000 | 280,000 |
| Net income | 139,000 | 287,000 | 539,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,827,000 | 5,975,000 | 6,223,000 | 6,321,000 |
| Total capital | 6,337,000 | 6,496,000 | 6,758,000 | 6,843,000 |
| Risk-weighted assets | 40,400,000 | 41,336,000 | 42,444,000 | 41,416,000 |