Call reports 2007
F & M BANK AND TRUST COMPANY — 2007
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 91,334,000 | 92,293,000 | 94,898,000 | 94,237,000 |
| Total loans | 71,176,000 | 72,593,000 | 73,894,000 | 73,070,000 |
| Allowance for loan losses | 1,224,000 | 1,311,000 | 1,314,000 | 1,238,000 |
| Securities available for sale | 8,175,000 | 7,998,000 | 7,835,000 | 7,976,000 |
| Securities held to maturity | 70,000 | 60,000 | 60,000 | 60,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,465,000 | 67,366,000 | 71,346,000 | 69,168,000 |
| Interest-bearing deposits | 59,184,000 | 59,564,000 | 7,729,000 | 62,121,000 |
| Noninterest-bearing deposits | 8,281,000 | 7,802,000 | 63,616,000 | 7,047,000 |
| Equity capital | 14,865,000 | 14,958,000 | 15,170,000 | 15,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,907,000 | 3,714,000 | 5,485,000 | 7,196,000 |
| Interest expense | 654,000 | 1,331,000 | 2,070,000 | 2,789,000 |
| Net interest income | 1,253,000 | 2,383,000 | 3,415,000 | 4,407,000 |
| Noninterest income | 339,000 | 674,000 | 1,095,000 | 1,586,000 |
| Noninterest expense | 930,000 | 1,856,000 | 2,792,000 | 3,849,000 |
| Provision for loan losses | 138,000 | 266,000 | 394,000 | 547,000 |
| Pretax income | 524,000 | 935,000 | 1,324,000 | 1,597,000 |
| Income tax | 176,000 | 306,000 | 466,000 | 548,000 |
| Net income | 348,000 | 629,000 | 858,000 | 1,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,925,000 | 15,119,000 | 15,260,000 | 15,370,000 |
| Total capital | 15,889,000 | 16,125,000 | 16,283,000 | 16,389,000 |
| Risk-weighted assets | 76,852,000 | 80,199,000 | 81,517,000 | 81,323,000 |