Call reports 2011
F & M BANK AND TRUST COMPANY — 2011
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 106,986,000 | 101,813,000 | 92,224,000 | 91,921,000 |
| Total loans | 69,631,000 | 66,000,000 | 63,416,000 | 59,059,000 |
| Allowance for loan losses | 2,937,000 | 3,076,000 | 2,592,000 | 1,890,000 |
| Securities available for sale | 7,370,000 | 7,480,000 | 8,317,000 | 6,195,000 |
| Securities held to maturity | 25,000 | 15,000 | 15,000 | 15,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,088,000 | 88,967,000 | 79,852,000 | 81,304,000 |
| Interest-bearing deposits | 85,383,000 | 79,878,000 | 70,607,000 | 73,151,000 |
| Noninterest-bearing deposits | 8,706,000 | 9,090,000 | 9,245,000 | 8,153,000 |
| Equity capital | 8,948,000 | 8,722,000 | 8,111,000 | 6,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,267,000 | 2,459,000 | 3,591,000 | 4,646,000 |
| Interest expense | 436,000 | 837,000 | 1,223,000 | 1,597,000 |
| Net interest income | 831,000 | 1,622,000 | 2,368,000 | 3,049,000 |
| Noninterest income | 163,000 | 332,000 | 553,000 | 711,000 |
| Noninterest expense | 1,078,000 | 2,174,000 | 3,697,000 | 4,907,000 |
| Provision for loan losses | 0 | 200,000 | 200,000 | 1,511,000 |
| Pretax income | -84,000 | -420,000 | -976,000 | -2,658,000 |
| Income tax | 0 | 0 | 0 | 9,000 |
| Net income | -84,000 | -420,000 | -976,000 | -2,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,986,000 | 8,649,000 | 8,094,000 | 6,403,000 |
| Total capital | 10,007,000 | 9,621,000 | 9,032,000 | 7,291,000 |
| Risk-weighted assets | 79,779,000 | 75,648,000 | 73,434,000 | 70,047,000 |