Call reports 2017
F & M BANK AND TRUST COMPANY — 2017
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 81,524,000 | 75,048,000 | 75,506,000 | 73,270,000 |
| Total loans | 50,498,000 | 49,591,000 | 49,182,000 | 49,366,000 |
| Allowance for loan losses | 583,000 | 583,000 | 564,000 | 563,000 |
| Securities available for sale | 4,397,000 | 3,507,000 | 3,403,000 | 3,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,160,000 | 63,750,000 | 64,267,000 | 62,565,000 |
| Interest-bearing deposits | 57,678,000 | 53,122,000 | 54,204,000 | 52,613,000 |
| Noninterest-bearing deposits | 10,482,000 | 10,628,000 | 10,063,000 | 9,952,000 |
| Equity capital | 3,972,000 | 3,809,000 | 3,732,000 | 3,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 738,000 | 1,484,000 | 2,211,000 | 2,945,000 |
| Interest expense | 110,000 | 261,000 | 415,000 | 548,000 |
| Net interest income | 628,000 | 1,223,000 | 1,796,000 | 2,397,000 |
| Noninterest income | 110,000 | 301,000 | 499,000 | 1,205,000 |
| Noninterest expense | 763,000 | 1,740,000 | 2,590,000 | 4,055,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -118,000 | -345,000 | -424,000 | -582,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -118,000 | -345,000 | -424,000 | -582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,142,000 | 3,881,000 | 3,793,000 | 3,628,000 |
| Total capital | 4,725,000 | 4,464,000 | 4,357,000 | 4,191,000 |
| Risk-weighted assets | 55,650,000 | 53,107,000 | 53,116,000 | 50,839,000 |