Call reports 2001
F & M BANK-WEST VIRGINIA, INC. — 2001
What F & M BANK-WEST VIRGINIA, INC. reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 301,641,000 | 295,658,000 | 295,041,000 | 224,476,000 |
| Total loans | 183,671,000 | 180,381,000 | 181,926,000 | 122,178,000 |
| Allowance for loan losses | 2,342,000 | 1,103,000 | 9,245,000 | 9,246,000 |
| Securities available for sale | 55,354,000 | 75,001,000 | 73,305,000 | 49,762,000 |
| Securities held to maturity | 21,151,000 | 13,900,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,536,000 | 256,486,000 | 260,536,000 | 186,699,000 |
| Interest-bearing deposits | 253,757,000 | 248,422,000 | 230,745,000 | 175,965,000 |
| Noninterest-bearing deposits | 8,779,000 | 8,064,000 | 29,791,000 | 10,734,000 |
| Equity capital | 35,539,000 | 35,599,000 | 31,714,000 | 36,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,321,000 | 10,558,000 | 15,532,000 | 19,581,000 |
| Interest expense | 2,279,000 | 4,321,000 | 6,218,000 | 7,757,000 |
| Net interest income | 3,042,000 | 6,237,000 | 9,314,000 | 11,824,000 |
| Noninterest income | 453,000 | 888,000 | 831,000 | 8,155,000 |
| Noninterest expense | 2,037,000 | 4,399,000 | 6,921,000 | 9,235,000 |
| Provision for loan losses | 150,000 | 1,435,000 | 9,545,000 | 9,545,000 |
| Pretax income | 1,308,000 | 1,291,000 | -6,321,000 | 1,372,000 |
| Income tax | 475,000 | 447,000 | -2,472,000 | 444,000 |
| Net income | 833,000 | 844,000 | -3,849,000 | 928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,379,000 | 35,599,000 | 30,753,000 | 35,529,000 |
| Total capital | 37,557,000 | 36,702,000 | 32,942,000 | 37,039,000 |
| Risk-weighted assets | 174,115,000 | 172,688,000 | 168,091,000 | 114,201,000 |