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 | 74,756,000 | 75,746,000 | 73,671,000 | 74,055,000 |
| Total loans | 24,786,000 | 25,646,000 | 25,179,000 | 25,111,000 |
| Allowance for loan losses | 120,000 | 120,000 | 115,000 | 114,000 |
| Securities available for sale | 45,255,000 | 44,856,000 | 45,844,000 | 45,831,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,013,000 | 64,618,000 | 61,627,000 | 62,978,000 |
| Interest-bearing deposits | 57,472,000 | 58,486,000 | 55,422,000 | 55,431,000 |
| Noninterest-bearing deposits | 6,541,000 | 6,132,000 | 6,205,000 | 7,547,000 |
| Equity capital | 10,411,000 | 10,644,000 | 10,563,000 | 10,726,000 |
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 | 905,000 | 1,780,000 | 2,630,000 | 3,467,000 |
| Interest expense | 300,000 | 579,000 | 830,000 | 1,064,000 |
| Net interest income | 605,000 | 1,201,000 | 1,800,000 | 2,403,000 |
| Noninterest income | 56,000 | 129,000 | 191,000 | 262,000 |
| Noninterest expense | 383,000 | 747,000 | 1,105,000 | 1,464,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 278,000 | 579,000 | 891,000 | 1,208,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 278,000 | 579,000 | 891,000 | 1,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,975,000 | 10,172,000 | 10,379,000 | 10,571,000 |
| Total capital | 10,095,000 | 10,292,000 | 10,494,000 | 10,685,000 |
| Risk-weighted assets | 33,073,000 | 34,258,000 | 34,752,000 | 35,056,000 |