Call reports 2016
F & M BANK AND TRUST COMPANY — 2016
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 81,171,000 | 79,739,000 | 82,592,000 | 77,213,000 |
| Total loans | 50,550,000 | 50,971,000 | 53,399,000 | 50,470,000 |
| Allowance for loan losses | 994,000 | 948,000 | 969,000 | 612,000 |
| Securities available for sale | 7,207,000 | 7,519,000 | 7,385,000 | 7,200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,994,000 | 72,409,000 | 74,298,000 | 69,002,000 |
| Interest-bearing deposits | 62,885,000 | 62,854,000 | 63,550,000 | 58,794,000 |
| Noninterest-bearing deposits | 10,109,000 | 9,555,000 | 10,748,000 | 10,208,000 |
| Equity capital | 4,162,000 | 4,209,000 | 4,168,000 | 4,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 769,000 | 1,530,000 | 2,319,000 | 3,102,000 |
| Interest expense | 121,000 | 240,000 | 361,000 | 477,000 |
| Net interest income | 648,000 | 1,290,000 | 1,958,000 | 2,625,000 |
| Noninterest income | 944,000 | 1,132,000 | 1,300,000 | 1,405,000 |
| Noninterest expense | 959,000 | 1,778,000 | 2,629,000 | 3,371,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 30,000 |
| Pretax income | 641,000 | 653,000 | 620,000 | 650,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 641,000 | 653,000 | 620,000 | 650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,162,000 | 4,199,000 | 4,167,000 | 4,197,000 |
| Total capital | 4,877,000 | 4,889,000 | 4,919,000 | 4,809,000 |
| Risk-weighted assets | 56,949,000 | 54,970,000 | 59,940,000 | 57,015,000 |