Call reports 2015
F&M BANK — 2015
What F&M BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 263,058,000 | 251,393,000 | 248,255,000 | 249,481,000 |
| Total loans | 122,162,000 | 125,844,000 | 127,788,000 | 134,396,000 |
| Allowance for loan losses | 2,980,000 | 3,050,000 | 3,075,000 | 2,907,000 |
| Securities available for sale | 104,267,000 | 99,234,000 | 93,001,000 | 87,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,959,000 | 203,141,000 | 199,783,000 | 199,595,000 |
| Interest-bearing deposits | 172,311,000 | 169,492,000 | 164,710,000 | 164,501,000 |
| Noninterest-bearing deposits | 33,648,000 | 33,649,000 | 35,073,000 | 35,094,000 |
| Equity capital | 46,287,000 | 39,169,000 | 40,119,000 | 40,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,435,000 | 4,868,000 | 7,418,000 | 9,930,000 |
| Interest expense | 275,000 | 547,000 | 817,000 | 1,082,000 |
| Net interest income | 2,160,000 | 4,321,000 | 6,601,000 | 8,848,000 |
| Noninterest income | 316,000 | 611,000 | 948,000 | 1,233,000 |
| Noninterest expense | 1,722,000 | 3,497,000 | 5,235,000 | 7,085,000 |
| Provision for loan losses | 60,000 | 120,000 | 150,000 | 180,000 |
| Pretax income | 694,000 | 1,341,000 | 2,177,000 | 2,842,000 |
| Income tax | 150,000 | 258,000 | 447,000 | 569,000 |
| Net income | 544,000 | 1,083,000 | 1,730,000 | 2,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,575,000 | 36,853,000 | 37,638,000 | 37,702,000 |
| Total capital | 45,475,000 | 38,766,000 | 39,536,000 | 39,658,000 |
| Risk-weighted assets | 150,386,000 | 150,901,000 | 149,781,000 | 154,584,000 |