Call reports 2016
F&M BANK — 2016
What F&M BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 249,965,000 | 252,554,000 | 250,258,000 | 255,263,000 |
| Total loans | 132,558,000 | 134,192,000 | 137,582,000 | 132,961,000 |
| Allowance for loan losses | 2,879,000 | 2,948,000 | 2,752,000 | 2,749,000 |
| Securities available for sale | 87,835,000 | 85,105,000 | 84,630,000 | 85,223,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,107,000 | 204,861,000 | 201,555,000 | 208,296,000 |
| Interest-bearing deposits | 165,672,000 | 166,827,000 | 163,833,000 | 162,333,000 |
| Noninterest-bearing deposits | 37,435,000 | 38,034,000 | 37,722,000 | 45,963,000 |
| Equity capital | 41,085,000 | 41,767,000 | 42,310,000 | 40,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,523,000 | 5,083,000 | 7,649,000 | 10,168,000 |
| Interest expense | 260,000 | 521,000 | 781,000 | 1,036,000 |
| Net interest income | 2,263,000 | 4,562,000 | 6,868,000 | 9,132,000 |
| Noninterest income | 345,000 | 713,000 | 1,071,000 | 1,444,000 |
| Noninterest expense | 1,758,000 | 3,544,000 | 5,402,000 | 7,223,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 850,000 | 1,777,000 | 2,603,000 | 3,419,000 |
| Income tax | 197,000 | 424,000 | 615,000 | 807,000 |
| Net income | 653,000 | 1,353,000 | 1,988,000 | 2,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,456,000 | 39,099,000 | 39,640,000 | 39,249,000 |
| Total capital | 40,392,000 | 41,070,000 | 41,631,000 | 41,229,000 |
| Risk-weighted assets | 153,371,000 | 156,182,000 | 157,963,000 | 156,865,000 |