Call reports 2017
F&M BANK — 2017
What F&M BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 258,989,000 | 257,350,000 | 259,113,000 | 263,174,000 |
| Total loans | 131,814,000 | 135,763,000 | 134,307,000 | 136,762,000 |
| Allowance for loan losses | 2,746,000 | 2,710,000 | 2,710,000 | 2,689,000 |
| Securities available for sale | 91,221,000 | 92,600,000 | 92,117,000 | 97,236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,342,000 | 211,351,000 | 212,276,000 | 217,365,000 |
| Interest-bearing deposits | 167,088,000 | 168,647,000 | 170,671,000 | 172,750,000 |
| Noninterest-bearing deposits | 44,254,000 | 42,704,000 | 41,605,000 | 44,615,000 |
| Equity capital | 41,678,000 | 42,792,000 | 43,280,000 | 42,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,514,000 | 5,212,000 | 7,844,000 | 10,584,000 |
| Interest expense | 257,000 | 519,000 | 788,000 | 1,065,000 |
| Net interest income | 2,257,000 | 4,693,000 | 7,056,000 | 9,519,000 |
| Noninterest income | 320,000 | 673,000 | 1,000,000 | 1,145,000 |
| Noninterest expense | 1,819,000 | 3,627,000 | 5,358,000 | 7,305,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 758,000 | 1,739,000 | 2,702,000 | 3,388,000 |
| Income tax | 184,000 | 455,000 | 719,000 | 1,232,000 |
| Net income | 574,000 | 1,284,000 | 1,983,000 | 2,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,845,000 | 40,717,000 | 41,261,000 | 41,401,000 |
| Total capital | 41,869,000 | 42,769,000 | 43,313,000 | 43,491,000 |
| Risk-weighted assets | 160,807,000 | 163,153,000 | 163,147,000 | 166,326,000 |