Call reports 2021
F & M BANK AND TRUST COMPANY — 2021
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 80,438,000 | 82,077,000 | 82,816,000 | 83,504,000 |
| Total loans | 54,184,000 | 48,160,000 | 41,902,000 | 42,029,000 |
| Allowance for loan losses | 520,000 | 537,000 | 539,000 | 539,000 |
| Securities available for sale | 565,000 | 5,917,000 | 10,658,000 | 9,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,180,000 | 77,467,000 | 78,253,000 | 79,220,000 |
| Interest-bearing deposits | 51,483,000 | 53,464,000 | 53,875,000 | 52,568,000 |
| Noninterest-bearing deposits | 23,697,000 | 24,003,000 | 24,378,000 | 26,652,000 |
| Equity capital | 3,775,000 | 3,963,000 | 4,155,000 | 4,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 795,000 | 1,779,000 | 2,675,000 | 3,358,000 |
| Interest expense | 84,000 | 154,000 | 218,000 | 278,000 |
| Net interest income | 711,000 | 1,625,000 | 2,457,000 | 3,080,000 |
| Noninterest income | 144,000 | 303,000 | 465,000 | 683,000 |
| Noninterest expense | 734,000 | 1,620,000 | 2,419,000 | 3,153,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 121,000 | 308,000 | 503,000 | 610,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 121,000 | 308,000 | 503,000 | 610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,781,000 | 3,968,000 | 4,155,000 | 4,270,000 |
| Total capital | 4,301,000 | 4,505,000 | 4,694,000 | 4,809,000 |
| Risk-weighted assets | 53,089,000 | 47,794,000 | 52,381,000 | 56,586,000 |