Call reports 2018
F&M BANK — 2018
What F&M BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 264,788,000 | 264,855,000 | 263,983,000 | 264,948,000 |
| Total loans | 131,752,000 | 130,543,000 | 141,651,000 | 143,779,000 |
| Allowance for loan losses | 2,679,000 | 2,642,000 | 2,613,000 | 2,424,000 |
| Securities available for sale | 103,510,000 | 105,496,000 | 97,257,000 | 93,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,478,000 | 218,905,000 | 215,097,000 | 216,143,000 |
| Interest-bearing deposits | 177,517,000 | 175,319,000 | 168,989,000 | 171,526,000 |
| Noninterest-bearing deposits | 41,961,000 | 43,586,000 | 46,108,000 | 44,617,000 |
| Equity capital | 41,833,000 | 42,101,000 | 42,155,000 | 43,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,667,000 | 5,454,000 | 8,355,000 | 11,213,000 |
| Interest expense | 293,000 | 589,000 | 906,000 | 1,248,000 |
| Net interest income | 2,374,000 | 4,865,000 | 7,449,000 | 9,965,000 |
| Noninterest income | 334,000 | 540,000 | 872,000 | 1,250,000 |
| Noninterest expense | 1,875,000 | 3,745,000 | 5,678,000 | 7,809,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 833,000 | 1,666,000 | 2,658,000 | 3,321,000 |
| Income tax | 145,000 | 277,000 | 467,000 | 571,000 |
| Net income | 688,000 | 1,389,000 | 2,191,000 | 2,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,561,000 | 42,050,000 | 42,368,000 | 43,301,000 |
| Total capital | 43,877,000 | 44,358,000 | 44,773,000 | 45,406,000 |
| Risk-weighted assets | 184,977,000 | 184,286,000 | 192,223,000 | 168,055,000 |