Call reports 2020
F & M BANK AND TRUST COMPANY — 2020
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 70,859,000 | 81,202,000 | 81,515,000 | 77,591,000 |
| Total loans | 43,277,000 | 59,424,000 | 60,411,000 | 49,441,000 |
| Allowance for loan losses | 418,000 | 429,000 | 453,000 | 514,000 |
| Securities available for sale | 400,000 | 381,000 | 757,000 | 712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,087,000 | 73,996,000 | 73,393,000 | 71,440,000 |
| Interest-bearing deposits | 49,493,000 | 52,077,000 | 51,883,000 | 50,247,000 |
| Noninterest-bearing deposits | 15,594,000 | 21,919,000 | 21,510,000 | 21,193,000 |
| Equity capital | 3,479,000 | 3,528,000 | 3,537,000 | 3,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 739,000 | 1,545,000 | 2,289,000 | 3,245,000 |
| Interest expense | 157,000 | 308,000 | 446,000 | 550,000 |
| Net interest income | 582,000 | 1,237,000 | 1,843,000 | 2,695,000 |
| Noninterest income | 176,000 | 334,000 | 520,000 | 647,000 |
| Noninterest expense | 739,000 | 1,509,000 | 2,280,000 | 3,071,000 |
| Provision for loan losses | 0 | 0 | 16,000 | 77,000 |
| Pretax income | 19,000 | 62,000 | 67,000 | 197,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 19,000 | 62,000 | 67,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,477,000 | 3,499,000 | 3,530,000 | 3,660,000 |
| Total capital | 3,895,000 | 3,928,000 | 3,983,000 | 4,174,000 |
| Risk-weighted assets | 53,854,000 | 49,681,000 | 48,909,000 | 49,115,000 |