Call reports 2022
F&M BANK — 2022
What F&M BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 359,287,000 | 358,395,000 | 359,163,000 | 357,772,000 |
| Total loans | 184,345,000 | 192,833,000 | 192,678,000 | 194,392,000 |
| Allowance for loan losses | 3,381,000 | 3,531,000 | 3,753,000 | 3,990,000 |
| Securities available for sale | 129,536,000 | 123,280,000 | 118,091,000 | 123,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 308,437,000 | 313,358,000 | 315,967,000 | 313,115,000 |
| Interest-bearing deposits | 217,694,000 | 223,803,000 | 222,974,000 | 219,344,000 |
| Noninterest-bearing deposits | 90,743,000 | 89,555,000 | 92,993,000 | 93,771,000 |
| Equity capital | 43,448,000 | 37,497,000 | 35,283,000 | 37,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,307,000 | 6,790,000 | 10,532,000 | 14,503,000 |
| Interest expense | 307,000 | 599,000 | 883,000 | 1,160,000 |
| Net interest income | 3,000,000 | 6,191,000 | 9,649,000 | 13,343,000 |
| Noninterest income | 431,000 | 898,000 | 1,328,000 | 1,802,000 |
| Noninterest expense | 2,163,000 | 4,438,000 | 6,737,000 | 9,254,000 |
| Provision for loan losses | 150,000 | 300,000 | 425,000 | 575,000 |
| Pretax income | 1,119,000 | 2,349,000 | 3,813,000 | 5,319,000 |
| Income tax | 209,000 | 462,000 | 759,000 | 1,050,000 |
| Net income | 910,000 | 1,887,000 | 3,054,000 | 4,269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,692,000 | 46,325,000 | 46,595,000 | 50,016,000 |