Call reports 2010
F&M BANK — 2010
What F&M BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 314,790,000 | 324,391,000 | 325,958,000 | 319,374,000 |
| Total loans | 166,883,000 | 163,115,000 | 162,414,000 | 158,437,000 |
| Allowance for loan losses | 2,317,000 | 2,503,000 | 2,560,000 | 4,443,000 |
| Securities available for sale | 115,202,000 | 126,736,000 | 128,032,000 | 127,330,000 |
| Securities held to maturity | 205,000 | 205,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,997,000 | 267,239,000 | 266,404,000 | 264,654,000 |
| Interest-bearing deposits | 235,883,000 | 242,321,000 | 243,197,000 | 240,015,000 |
| Noninterest-bearing deposits | 24,114,000 | 24,918,000 | 23,207,000 | 24,639,000 |
| Equity capital | 39,687,000 | 40,789,000 | 42,472,000 | 38,787,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,859,000 | 7,643,000 | 11,589,000 | 15,351,000 |
| Interest expense | 1,644,000 | 3,298,000 | 4,973,000 | 6,576,000 |
| Net interest income | 2,215,000 | 4,345,000 | 6,616,000 | 8,775,000 |
| Noninterest income | 347,000 | 830,000 | 1,040,000 | 1,282,000 |
| Noninterest expense | 1,811,000 | 3,664,000 | 5,571,000 | 7,689,000 |
| Provision for loan losses | 261,000 | 581,000 | 981,000 | 4,293,000 |
| Pretax income | 490,000 | 930,000 | 1,104,000 | -1,925,000 |
| Income tax | 91,000 | 161,000 | 126,000 | -1,083,000 |
| Net income | 399,000 | 769,000 | 978,000 | -842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,381,000 | 39,663,000 | 40,494,000 | 38,588,000 |
| Total capital | 41,698,000 | 42,166,000 | 43,054,000 | 41,123,000 |
| Risk-weighted assets | 202,929,000 | 204,420,000 | 204,138,000 | 200,168,000 |