Call reports 2010
F & M BANK AND TRUST COMPANY — 2010
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 109,706,000 | 113,027,000 | 110,541,000 | 109,695,000 |
| Total loans | 77,356,000 | 75,630,000 | 75,388,000 | 73,298,000 |
| Allowance for loan losses | 1,275,000 | 1,874,000 | 2,388,000 | 2,962,000 |
| Securities available for sale | 5,570,000 | 4,373,000 | 5,925,000 | 5,637,000 |
| Securities held to maturity | 35,000 | 25,000 | 25,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,278,000 | 93,523,000 | 93,174,000 | 94,814,000 |
| Interest-bearing deposits | 81,123,000 | 85,028,000 | 85,727,000 | 86,876,000 |
| Noninterest-bearing deposits | 8,155,000 | 8,495,000 | 7,447,000 | 7,938,000 |
| Equity capital | 13,523,000 | 12,958,000 | 11,531,000 | 9,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,469,000 | 2,876,000 | 4,284,000 | 5,271,000 |
| Interest expense | 533,000 | 1,049,000 | 1,545,000 | 2,000,000 |
| Net interest income | 936,000 | 1,827,000 | 2,739,000 | 3,271,000 |
| Noninterest income | 82,000 | 221,000 | 285,000 | 635,000 |
| Noninterest expense | 1,330,000 | 2,320,000 | 3,844,000 | 5,453,000 |
| Provision for loan losses | 0 | 600,000 | 1,600,000 | 2,660,000 |
| Pretax income | -312,000 | -871,000 | -2,276,000 | -4,063,000 |
| Income tax | 0 | 0 | 0 | 618,000 |
| Net income | -312,000 | -871,000 | -2,276,000 | -4,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,438,000 | 12,878,000 | 11,474,000 | 9,070,000 |
| Total capital | 14,547,000 | 13,979,000 | 12,569,000 | 10,137,000 |
| Risk-weighted assets | 88,557,000 | 87,358,000 | 86,307,000 | 83,472,000 |