Call reports 2021
F&M BANK — 2021
What F&M BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 332,058,000 | 346,006,000 | 342,672,000 | 354,746,000 |
| Total loans | 178,602,000 | 176,129,000 | 182,419,000 | 187,840,000 |
| Allowance for loan losses | 2,770,000 | 2,811,000 | 2,950,000 | 3,142,000 |
| Securities available for sale | 116,253,000 | 122,547,000 | 124,976,000 | 126,007,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,744,000 | 286,262,000 | 283,561,000 | 296,874,000 |
| Interest-bearing deposits | 197,937,000 | 205,487,000 | 202,718,000 | 209,387,000 |
| Noninterest-bearing deposits | 74,808,000 | 80,775,000 | 80,844,000 | 87,487,000 |
| Equity capital | 49,349,000 | 49,857,000 | 50,806,000 | 50,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,086,000 | 6,448,000 | 9,816,000 | 12,925,000 |
| Interest expense | 376,000 | 724,000 | 1,060,000 | 1,380,000 |
| Net interest income | 2,710,000 | 5,724,000 | 8,756,000 | 11,545,000 |
| Noninterest income | 337,000 | 698,000 | 1,039,000 | 1,437,000 |
| Noninterest expense | 1,976,000 | 4,029,000 | 6,160,000 | 8,211,000 |
| Provision for loan losses | 136,000 | 235,000 | 371,000 | 561,000 |
| Pretax income | 946,000 | 2,205,000 | 3,336,000 | 4,308,000 |
| Income tax | 181,000 | 422,000 | 647,000 | 805,000 |
| Net income | 765,000 | 1,783,000 | 2,689,000 | 3,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,223,000 | 48,432,000 | 49,351,000 | 49,242,000 |