Call reports 2003
F & M BANK AND TRUST COMPANY — 2003
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 57,874,000 | 58,782,000 | 55,615,000 | 55,342,000 |
| Total loans | 38,415,000 | 38,075,000 | 37,657,000 | 38,091,000 |
| Allowance for loan losses | 792,000 | 775,000 | 787,000 | 776,000 |
| Securities available for sale | 11,954,000 | 12,839,000 | 11,523,000 | 11,151,000 |
| Securities held to maturity | 203,000 | 188,000 | 188,000 | 188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,793,000 | 48,471,000 | 45,242,000 | 44,902,000 |
| Interest-bearing deposits | 40,003,000 | 39,541,000 | 37,788,000 | 36,264,000 |
| Noninterest-bearing deposits | 7,791,000 | 8,930,000 | 7,454,000 | 8,638,000 |
| Equity capital | 6,575,000 | 6,819,000 | 6,778,000 | 7,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 960,000 | 1,946,000 | 2,919,000 | 3,891,000 |
| Interest expense | 267,000 | 517,000 | 726,000 | 921,000 |
| Net interest income | 693,000 | 1,429,000 | 2,193,000 | 2,970,000 |
| Noninterest income | 205,000 | 454,000 | 726,000 | 987,000 |
| Noninterest expense | 666,000 | 1,343,000 | 2,060,000 | 2,584,000 |
| Provision for loan losses | 39,000 | 83,000 | 113,000 | 133,000 |
| Pretax income | 200,000 | 500,000 | 788,000 | 1,282,000 |
| Income tax | 64,000 | 163,000 | 247,000 | 530,000 |
| Net income | 136,000 | 337,000 | 541,000 | 752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,458,000 | 6,658,000 | 6,857,000 | 7,064,000 |
| Total capital | 6,972,000 | 7,168,000 | 7,357,000 | 7,576,000 |
| Risk-weighted assets | 40,809,000 | 40,556,000 | 39,724,000 | 40,732,000 |