Call reports 2024
FM BANK — 2024
What FM BANK 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 | 614,799,000 | 625,653,000 | 622,016,000 | 659,860,000 |
| Total loans | 339,929,000 | 363,989,000 | 367,958,000 | 402,206,000 |
| Allowance for loan losses | 2,200,000 | 2,071,000 | 2,096,000 | 2,095,000 |
| Securities available for sale | 136,817,000 | 131,483,000 | 110,892,000 | 117,610,000 |
| Securities held to maturity | 95,677,000 | 96,016,000 | 96,356,000 | 96,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 565,983,000 | 574,654,000 | 567,032,000 | 598,252,000 |
| Interest-bearing deposits | 427,097,000 | 442,088,000 | 436,655,000 | 383,830,000 |
| Noninterest-bearing deposits | 138,886,000 | 132,566,000 | 130,377,000 | 214,422,000 |
| Equity capital | 38,607,000 | 37,993,000 | 43,508,000 | 41,708,000 |
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 | 6,977,000 | 14,545,000 | 22,118,000 | 29,992,000 |
| Interest expense | 2,910,000 | 6,437,000 | 10,045,000 | 13,441,000 |
| Net interest income | 4,067,000 | 8,108,000 | 12,073,000 | 16,551,000 |
| Noninterest income | 293,000 | 464,000 | 708,000 | 964,000 |
| Noninterest expense | 3,037,000 | 5,832,000 | 8,671,000 | 11,718,000 |
| Provision for loan losses | 0 | -130,000 | -105,000 | -105,000 |
| Pretax income | 1,324,000 | 2,708,000 | 4,081,000 | 5,772,000 |
| Income tax | 89,000 | 89,000 | 89,000 | -61,000 |
| Net income | 1,235,000 | 2,619,000 | 3,992,000 | 5,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,530,000 | 44,886,000 | 46,219,000 | 48,026,000 |
| Total capital | 45,884,000 | 47,266,000 | 48,599,000 | 50,406,000 |
| Risk-weighted assets | 412,294,000 | 426,764,000 | 430,680,000 | 467,720,000 |