Call reports 2018
F & M BANK AND TRUST COMPANY — 2018
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 76,019,000 | 75,341,000 | 72,232,000 | 68,078,000 |
| Total loans | 49,068,000 | 49,163,000 | 46,665,000 | 45,351,000 |
| Allowance for loan losses | 565,000 | 538,000 | 520,000 | 519,000 |
| Securities available for sale | 3,090,000 | 2,958,000 | 2,850,000 | 2,782,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,530,000 | 65,099,000 | 62,643,000 | 60,251,000 |
| Interest-bearing deposits | 54,946,000 | 52,878,000 | 51,648,000 | 49,745,000 |
| Noninterest-bearing deposits | 10,584,000 | 12,221,000 | 10,995,000 | 10,506,000 |
| Equity capital | 3,473,000 | 3,485,000 | 3,307,000 | 3,310,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 728,000 | 1,491,000 | 2,231,000 | 2,983,000 |
| Interest expense | 136,000 | 285,000 | 433,000 | 578,000 |
| Net interest income | 592,000 | 1,206,000 | 1,798,000 | 2,405,000 |
| Noninterest income | 182,000 | 357,000 | 362,000 | 709,000 |
| Noninterest expense | 794,000 | 1,565,000 | 2,330,000 | 3,302,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -20,000 | -2,000 | -170,000 | -188,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -20,000 | -2,000 | -170,000 | -188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,624,000 | 3,645,000 | 3,494,000 | 3,468,000 |
| Total capital | 4,189,000 | 4,183,000 | 4,014,000 | 3,987,000 |
| Risk-weighted assets | 52,568,000 | 52,341,000 | 52,712,000 | 50,679,000 |