Call reports 2014
F&M BANK — 2014
What F&M BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 264,277,000 | 260,090,000 | 257,554,000 | 260,911,000 |
| Total loans | 123,906,000 | 123,083,000 | 122,106,000 | 123,916,000 |
| Allowance for loan losses | 3,079,000 | 2,734,000 | 2,601,000 | 2,981,000 |
| Securities available for sale | 103,562,000 | 102,132,000 | 104,571,000 | 100,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,247,000 | 202,806,000 | 199,688,000 | 202,903,000 |
| Interest-bearing deposits | 174,411,000 | 172,448,000 | 169,404,000 | 167,008,000 |
| Noninterest-bearing deposits | 33,836,000 | 30,358,000 | 30,284,000 | 35,895,000 |
| Equity capital | 43,132,000 | 43,948,000 | 44,229,000 | 45,213,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,504,000 | 4,972,000 | 7,414,000 | 9,886,000 |
| Interest expense | 318,000 | 623,000 | 926,000 | 1,218,000 |
| Net interest income | 2,186,000 | 4,349,000 | 6,488,000 | 8,668,000 |
| Noninterest income | 343,000 | 674,000 | 1,034,000 | 1,982,000 |
| Noninterest expense | 1,749,000 | 3,514,000 | 5,287,000 | 7,072,000 |
| Provision for loan losses | 30,000 | 90,000 | 290,000 | 1,000,000 |
| Pretax income | 750,000 | 1,419,000 | 2,043,000 | 2,741,000 |
| Income tax | 175,000 | 318,000 | 444,000 | 256,000 |
| Net income | 575,000 | 1,101,000 | 1,599,000 | 2,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,752,000 | 43,192,000 | 43,423,000 | 44,105,000 |
| Total capital | 44,819,000 | 45,098,000 | 45,303,000 | 46,021,000 |
| Risk-weighted assets | 164,339,000 | 151,647,000 | 149,639,000 | 152,220,000 |