Call reports 2003
F&M BANK — 2003
What F&M BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 214,918,000 | 213,064,000 | 209,047,000 | 225,204,000 |
| Total loans | 98,293,000 | 100,422,000 | 101,620,000 | 100,660,000 |
| Allowance for loan losses | 1,726,000 | 1,701,000 | 1,620,000 | 1,666,000 |
| Securities available for sale | 74,562,000 | 77,265,000 | 77,985,000 | 92,454,000 |
| Securities held to maturity | 15,925,000 | 13,833,000 | 10,878,000 | 10,316,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,264,000 | 170,697,000 | 167,745,000 | 184,234,000 |
| Interest-bearing deposits | 153,645,000 | 151,530,000 | 148,442,000 | 162,271,000 |
| Noninterest-bearing deposits | 19,619,000 | 19,167,000 | 19,303,000 | 21,963,000 |
| Equity capital | 33,516,000 | 34,451,000 | 34,018,000 | 34,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,830,000 | 5,626,000 | 8,156,000 | 10,727,000 |
| Interest expense | 1,344,000 | 2,612,000 | 3,729,000 | 4,741,000 |
| Net interest income | 1,486,000 | 3,014,000 | 4,427,000 | 5,986,000 |
| Noninterest income | 266,000 | 507,000 | 891,000 | 1,269,000 |
| Noninterest expense | 1,062,000 | 2,037,000 | 3,043,000 | 4,129,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 175,000 |
| Pretax income | 645,000 | 1,394,000 | 2,140,000 | 2,951,000 |
| Income tax | 120,000 | 272,000 | 441,000 | 622,000 |
| Net income | 525,000 | 1,122,000 | 1,699,000 | 2,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,347,000 | 32,914,000 | 33,411,000 | 33,712,000 |
| Total capital | 33,805,000 | 34,387,000 | 34,889,000 | 35,229,000 |
| Risk-weighted assets | 116,375,000 | 117,594,000 | 118,079,000 | 121,250,000 |