Call reports 2014
F & M BANK AND TRUST COMPANY — 2014
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 75,692,000 | 77,674,000 | 79,048,000 | 81,500,000 |
| Total loans | 52,570,000 | 52,618,000 | 52,870,000 | 53,871,000 |
| Allowance for loan losses | 1,743,000 | 1,675,000 | 1,504,000 | 1,445,000 |
| Securities available for sale | 3,495,000 | 3,415,000 | 3,263,000 | 3,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,517,000 | 67,845,000 | 69,311,000 | 71,968,000 |
| Interest-bearing deposits | 55,824,000 | 59,402,000 | 60,482,000 | 63,608,000 |
| Noninterest-bearing deposits | 8,693,000 | 8,443,000 | 8,829,000 | 8,360,000 |
| Equity capital | 4,429,000 | 4,176,000 | 4,066,000 | 3,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 708,000 | 1,493,000 | 2,272,000 | 3,110,000 |
| Interest expense | 210,000 | 410,000 | 610,000 | 780,000 |
| Net interest income | 498,000 | 1,083,000 | 1,662,000 | 2,330,000 |
| Noninterest income | 158,000 | 239,000 | 457,000 | 586,000 |
| Noninterest expense | 871,000 | 1,808,000 | 2,722,000 | 3,666,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -215,000 | -486,000 | -603,000 | -750,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -215,000 | -486,000 | -603,000 | -750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,504,000 | 4,233,000 | 4,116,000 | 3,969,000 |
| Total capital | 5,245,000 | 5,005,000 | 4,894,000 | 4,742,000 |
| Risk-weighted assets | 58,310,000 | 60,910,000 | 61,510,000 | 63,149,000 |