Call reports 2019
F&M BANK — 2019
What F&M BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 262,969,000 | 266,377,000 | 267,222,000 | 276,101,000 |
| Total loans | 142,129,000 | 141,814,000 | 142,249,000 | 149,565,000 |
| Allowance for loan losses | 2,156,000 | 1,957,000 | 2,128,000 | 2,109,000 |
| Securities available for sale | 90,552,000 | 91,603,000 | 92,149,000 | 91,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,773,000 | 210,612,000 | 209,955,000 | 219,750,000 |
| Interest-bearing deposits | 168,458,000 | 166,366,000 | 166,047,000 | 169,925,000 |
| Noninterest-bearing deposits | 44,315,000 | 44,246,000 | 43,908,000 | 49,825,000 |
| Equity capital | 44,743,000 | 45,979,000 | 46,821,000 | 46,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,918,000 | 5,787,000 | 8,689,000 | 11,702,000 |
| Interest expense | 372,000 | 836,000 | 1,363,000 | 1,897,000 |
| Net interest income | 2,546,000 | 4,951,000 | 7,326,000 | 9,805,000 |
| Noninterest income | 371,000 | 729,000 | 1,225,000 | 1,794,000 |
| Noninterest expense | 1,984,000 | 3,957,000 | 5,926,000 | 7,977,000 |
| Provision for loan losses | 36,000 | 96,000 | 136,000 | 136,000 |
| Pretax income | 882,000 | 1,613,000 | 2,487,000 | 3,484,000 |
| Income tax | 172,000 | 303,000 | 475,000 | 679,000 |
| Net income | 710,000 | 1,310,000 | 2,012,000 | 2,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,255,000 | 44,893,000 | 45,511,000 | 45,918,000 |
| Total capital | 46,326,000 | 46,850,000 | 47,599,000 | 48,027,000 |
| Risk-weighted assets | 165,574,000 | 166,368,000 | 167,070,000 | 173,848,000 |