Call reports 2020
F&M BANK — 2020
What F&M BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 268,917,000 | 302,477,000 | 305,579,000 | 323,270,000 |
| Total loans | 153,040,000 | 175,336,000 | 177,911,000 | 168,781,000 |
| Allowance for loan losses | 2,228,000 | 2,231,000 | 2,394,000 | 2,633,000 |
| Securities available for sale | 81,016,000 | 86,945,000 | 95,726,000 | 102,354,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,216,000 | 242,115,000 | 244,828,000 | 263,055,000 |
| Interest-bearing deposits | 164,606,000 | 180,090,000 | 183,893,000 | 196,363,000 |
| Noninterest-bearing deposits | 46,610,000 | 62,025,000 | 60,935,000 | 66,692,000 |
| Equity capital | 48,105,000 | 49,472,000 | 50,177,000 | 50,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,050,000 | 6,004,000 | 9,283,000 | 12,721,000 |
| Interest expense | 487,000 | 951,000 | 1,399,000 | 1,821,000 |
| Net interest income | 2,563,000 | 5,053,000 | 7,884,000 | 10,900,000 |
| Noninterest income | 964,000 | 1,634,000 | 1,178,000 | 1,558,000 |
| Noninterest expense | 2,486,000 | 4,766,000 | 5,979,000 | 8,377,000 |
| Provision for loan losses | 120,000 | 195,000 | 375,000 | 620,000 |
| Pretax income | 925,000 | 1,730,000 | 2,720,000 | 3,481,000 |
| Income tax | 191,000 | 353,000 | 523,000 | 637,000 |
| Net income | 734,000 | 1,377,000 | 2,197,000 | 2,844,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,735,000 | 47,501,000 | 48,205,000 | 48,123,000 |