Call reports 2023
FM BANK — 2023
What FM BANK 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 | 598,748,000 | 582,346,000 | 582,275,000 | 602,428,000 |
| Total loans | 281,529,000 | 293,183,000 | 306,685,000 | 332,611,000 |
| Allowance for loan losses | 2,060,000 | 2,058,000 | 1,977,000 | 1,977,000 |
| Securities available for sale | 142,834,000 | 151,565,000 | 148,374,000 | 109,049,000 |
| Securities held to maturity | 94,308,000 | 94,649,000 | 94,993,000 | 95,337,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 544,736,000 | 536,970,000 | 540,913,000 | 553,498,000 |
| Interest-bearing deposits | 395,200,000 | 406,245,000 | 409,159,000 | 389,858,000 |
| Noninterest-bearing deposits | 149,536,000 | 130,725,000 | 131,754,000 | 163,640,000 |
| Equity capital | 39,754,000 | 35,180,000 | 25,298,000 | 38,337,000 |
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 | 5,848,000 | 11,742,000 | 17,847,000 | 24,256,000 |
| Interest expense | 1,574,000 | 3,613,000 | 6,128,000 | 9,048,000 |
| Net interest income | 4,274,000 | 8,129,000 | 11,719,000 | 15,208,000 |
| Noninterest income | 1,877,000 | 2,204,000 | 2,500,000 | 2,708,000 |
| Noninterest expense | 2,628,000 | 5,520,000 | 8,203,000 | 11,317,000 |
| Provision for loan losses | 0 | 0 | -81,000 | -81,000 |
| Pretax income | 3,375,000 | 4,880,000 | 6,169,000 | 6,244,000 |
| Income tax | -157,000 | -48,000 | 27,000 | -68,000 |
| Net income | 3,532,000 | 4,928,000 | 6,142,000 | 6,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,217,000 | 41,974,000 | 42,074,000 | 42,269,000 |
| Total capital | 47,431,000 | 44,186,000 | 44,205,000 | 44,400,000 |
| Risk-weighted assets | 368,060,000 | 368,213,000 | 387,027,000 | 406,349,000 |