Call reports 2008
F&M BANK — 2008
What F&M BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 267,075,000 | 258,443,000 | 259,777,000 | 253,724,000 |
| Total loans | 131,682,000 | 135,774,000 | 141,208,000 | 145,529,000 |
| Allowance for loan losses | 2,261,000 | 2,584,000 | 1,874,000 | 1,815,000 |
| Securities available for sale | 115,797,000 | 106,915,000 | 100,697,000 | 90,340,000 |
| Securities held to maturity | 1,646,000 | 856,000 | 656,000 | 657,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,042,000 | 199,311,000 | 192,024,000 | 189,758,000 |
| Interest-bearing deposits | 183,454,000 | 173,503,000 | 168,101,000 | 166,546,000 |
| Noninterest-bearing deposits | 25,588,000 | 25,809,000 | 23,923,000 | 23,212,000 |
| Equity capital | 41,718,000 | 39,803,000 | 40,488,000 | 42,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,787,000 | 7,656,000 | 11,370,000 | 14,881,000 |
| Interest expense | 1,762,000 | 3,494,000 | 5,199,000 | 6,790,000 |
| Net interest income | 2,025,000 | 4,162,000 | 6,171,000 | 8,091,000 |
| Noninterest income | 293,000 | 739,000 | 1,129,000 | 1,560,000 |
| Noninterest expense | 1,452,000 | 2,972,000 | 4,518,000 | 6,190,000 |
| Provision for loan losses | 130,000 | 270,000 | 400,000 | 560,000 |
| Pretax income | 761,000 | 1,701,000 | 2,436,000 | 2,953,000 |
| Income tax | 182,000 | 429,000 | 606,000 | 685,000 |
| Net income | 579,000 | 1,272,000 | 1,830,000 | 2,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,161,000 | 41,765,000 | 42,233,000 | 42,133,000 |
| Total capital | 43,078,000 | 43,709,000 | 44,107,000 | 43,948,000 |
| Risk-weighted assets | 153,077,000 | 154,910,000 | 160,342,000 | 160,128,000 |