Call reports 2013
F&M BANK — 2013
What F&M BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 273,393,000 | 262,211,000 | 259,496,000 | 258,702,000 |
| Total loans | 128,857,000 | 127,078,000 | 128,774,000 | 127,928,000 |
| Allowance for loan losses | 3,353,000 | 3,303,000 | 3,175,000 | 3,242,000 |
| Securities available for sale | 115,060,000 | 107,980,000 | 101,574,000 | 101,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,328,000 | 208,702,000 | 201,463,000 | 201,592,000 |
| Interest-bearing deposits | 190,737,000 | 180,217,000 | 172,990,000 | 170,800,000 |
| Noninterest-bearing deposits | 28,591,000 | 28,485,000 | 28,473,000 | 30,792,000 |
| Equity capital | 43,509,000 | 41,786,000 | 42,013,000 | 42,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,711,000 | 5,362,000 | 8,003,000 | 10,631,000 |
| Interest expense | 667,000 | 1,102,000 | 1,490,000 | 1,834,000 |
| Net interest income | 2,044,000 | 4,260,000 | 6,513,000 | 8,797,000 |
| Noninterest income | 311,000 | 642,000 | 946,000 | 1,255,000 |
| Noninterest expense | 1,838,000 | 3,760,000 | 5,324,000 | 7,208,000 |
| Provision for loan losses | 150,000 | 300,000 | 375,000 | 450,000 |
| Pretax income | 362,000 | 837,000 | 1,755,000 | 2,389,000 |
| Income tax | 35,000 | 95,000 | 333,000 | 447,000 |
| Net income | 327,000 | 742,000 | 1,422,000 | 1,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,883,000 | 41,270,000 | 41,891,000 | 42,265,000 |
| Total capital | 42,122,000 | 42,508,000 | 43,026,000 | 44,291,000 |
| Risk-weighted assets | 167,002,000 | 163,153,000 | 161,160,000 | 160,883,000 |