Call reports 2024
F & M BANK AND TRUST COMPANY — 2024
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 76,695,000 | 80,665,000 | 79,994,000 | 81,805,000 |
| Total loans | 52,309,000 | 54,741,000 | 56,098,000 | 58,180,000 |
| Allowance for loan losses | 544,000 | 557,000 | 563,000 | 648,000 |
| Securities available for sale | 5,649,000 | 5,552,000 | 5,628,000 | 5,270,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,809,000 | 76,443,000 | 75,191,000 | 72,028,000 |
| Interest-bearing deposits | 46,836,000 | 50,302,000 | 50,863,000 | 40,054,000 |
| Noninterest-bearing deposits | 25,973,000 | 26,141,000 | 24,328,000 | 31,974,000 |
| Equity capital | 3,458,000 | 3,706,000 | 4,183,000 | 4,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,042,000 | 2,195,000 | 3,350,000 | 4,552,000 |
| Interest expense | 212,000 | 468,000 | 746,000 | 984,000 |
| Net interest income | 830,000 | 1,727,000 | 2,604,000 | 3,568,000 |
| Noninterest income | 152,000 | 303,000 | 470,000 | 618,000 |
| Noninterest expense | 834,000 | 1,688,000 | 2,502,000 | 3,255,000 |
| Provision for loan losses | -6,000 | 7,000 | 17,000 | 17,000 |
| Pretax income | 154,000 | 319,000 | 539,000 | 898,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 154,000 | 319,000 | 539,000 | 898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,200,000 | 5,365,000 | 5,586,000 | 5,945,000 |
| Total capital | 5,744,000 | 5,938,000 | 6,165,000 | 6,609,000 |
| Risk-weighted assets | 62,406,000 | 66,395,000 | 64,034,000 | 68,225,000 |