Call reports 2003
F&M BANK — 2003
What F&M BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 273,665,000 | 291,345,000 | 298,292,000 | 304,189,000 |
| Total loans | 240,027,000 | 246,844,000 | 256,793,000 | 264,790,000 |
| Allowance for loan losses | 2,403,000 | 2,531,000 | 2,567,000 | 2,648,000 |
| Securities available for sale | 6,947,000 | 6,051,000 | 6,767,000 | 6,578,000 |
| Securities held to maturity | 650,000 | 573,000 | 481,000 | 392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,270,000 | 256,529,000 | 263,232,000 | 269,212,000 |
| Interest-bearing deposits | 207,721,000 | 220,669,000 | 224,895,000 | 227,526,000 |
| Noninterest-bearing deposits | 33,549,000 | 35,860,000 | 38,337,000 | 41,686,000 |
| Equity capital | 28,257,000 | 29,466,000 | 30,420,000 | 29,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,160,000 | 8,452,000 | 12,837,000 | 17,133,000 |
| Interest expense | 965,000 | 1,930,000 | 2,892,000 | 3,853,000 |
| Net interest income | 3,195,000 | 6,522,000 | 9,945,000 | 13,280,000 |
| Noninterest income | 891,000 | 1,923,000 | 2,948,000 | 3,779,000 |
| Noninterest expense | 2,578,000 | 5,184,000 | 7,919,000 | 10,887,000 |
| Provision for loan losses | 42,000 | 77,000 | 317,000 | 119,000 |
| Pretax income | 1,466,000 | 3,184,000 | 4,657,000 | 6,053,000 |
| Income tax | 304,000 | 837,000 | 1,286,000 | 1,671,000 |
| Net income | 1,162,000 | 2,347,000 | 3,371,000 | 4,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,247,000 | 29,431,000 | 30,456,000 | 29,982,000 |
| Total capital | 30,666,000 | 31,979,000 | 33,041,000 | 32,650,000 |
| Risk-weighted assets | 247,929,000 | 258,331,000 | 268,975,000 | 275,741,000 |