Call reports 2023
F & M BANK AND TRUST COMPANY — 2023
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 78,382,000 | 76,128,000 | 76,938,000 | 75,947,000 |
| Total loans | 50,351,000 | 50,479,000 | 52,245,000 | 52,243,000 |
| Allowance for loan losses | 542,000 | 542,000 | 552,000 | 551,000 |
| Securities available for sale | 6,508,000 | 6,162,000 | 5,821,000 | 5,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,145,000 | 72,798,000 | 73,418,000 | 72,066,000 |
| Interest-bearing deposits | 49,264,000 | 47,592,000 | 49,037,000 | 47,184,000 |
| Noninterest-bearing deposits | 25,881,000 | 25,206,000 | 24,381,000 | 24,882,000 |
| Equity capital | 3,016,000 | 3,004,000 | 3,045,000 | 3,375,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 873,000 | 1,776,000 | 2,765,000 | 3,771,000 |
| Interest expense | 87,000 | 220,000 | 409,000 | 640,000 |
| Net interest income | 786,000 | 1,556,000 | 2,356,000 | 3,131,000 |
| Noninterest income | 152,000 | 312,000 | 472,000 | 642,000 |
| Noninterest expense | 830,000 | 1,637,000 | 2,417,000 | 3,247,000 |
| Provision for loan losses | 0 | 0 | 8,000 | 8,000 |
| Pretax income | 108,000 | 231,000 | 403,000 | 518,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 108,000 | 231,000 | 403,000 | 518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,635,000 | 4,758,000 | 4,931,000 | 5,045,000 |
| Total capital | 5,177,000 | 5,300,000 | 5,484,000 | 5,596,000 |
| Risk-weighted assets | 61,177,000 | 60,060,000 | 62,355,000 | 61,863,000 |