Call reports 2007
F&M BANK — 2007
What F&M BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 246,619,000 | 246,987,000 | 248,436,000 | 249,282,000 |
| Total loans | 120,717,000 | 124,818,000 | 128,244,000 | 129,066,000 |
| Allowance for loan losses | 1,416,000 | 1,511,000 | 1,375,000 | 2,152,000 |
| Securities available for sale | 106,666,000 | 106,591,000 | 106,100,000 | 103,828,000 |
| Securities held to maturity | 2,244,000 | 2,034,000 | 2,035,000 | 1,840,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,551,000 | 203,314,000 | 197,435,000 | 201,486,000 |
| Interest-bearing deposits | 177,608,000 | 177,532,000 | 173,244,000 | 172,882,000 |
| Noninterest-bearing deposits | 25,943,000 | 25,782,000 | 24,191,000 | 28,604,000 |
| Equity capital | 39,588,000 | 39,258,000 | 40,764,000 | 40,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,665,000 | 7,459,000 | 11,388,000 | 15,005,000 |
| Interest expense | 1,630,000 | 3,331,000 | 5,165,000 | 6,972,000 |
| Net interest income | 2,035,000 | 4,128,000 | 6,223,000 | 8,033,000 |
| Noninterest income | 284,000 | 541,000 | 834,000 | 1,233,000 |
| Noninterest expense | 1,418,000 | 2,805,000 | 4,158,000 | 5,754,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 1,654,000 |
| Pretax income | 781,000 | 1,624,000 | 2,539,000 | 1,858,000 |
| Income tax | 202,000 | 424,000 | 661,000 | 269,000 |
| Net income | 579,000 | 1,200,000 | 1,878,000 | 1,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,350,000 | 40,881,000 | 41,470,000 | 40,673,000 |
| Total capital | 41,767,000 | 42,392,000 | 42,845,000 | 42,525,000 |
| Risk-weighted assets | 142,991,000 | 146,632,000 | 148,386,000 | 147,166,000 |