Call reports 2004
F&M BANK — 2004
What F&M BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 77,332,000 | 75,858,000 | 74,717,000 | 74,243,000 |
| Total loans | 23,852,000 | 25,563,000 | 25,682,000 | 25,444,000 |
| Allowance for loan losses | 114,000 | 190,000 | 190,000 | 190,000 |
| Securities available for sale | 47,622,000 | 47,911,000 | 46,290,000 | 46,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,919,000 | 63,909,000 | 63,092,000 | 62,985,000 |
| Interest-bearing deposits | 57,867,000 | 56,546,000 | 56,221,000 | 55,029,000 |
| Noninterest-bearing deposits | 8,052,000 | 7,363,000 | 6,870,000 | 7,956,000 |
| Equity capital | 10,915,000 | 10,177,000 | 10,708,000 | 10,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 812,000 | 1,629,000 | 2,460,000 | 3,290,000 |
| Interest expense | 225,000 | 442,000 | 668,000 | 901,000 |
| Net interest income | 587,000 | 1,187,000 | 1,792,000 | 2,389,000 |
| Noninterest income | 58,000 | 120,000 | 181,000 | 251,000 |
| Noninterest expense | 388,000 | 776,000 | 1,146,000 | 1,501,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 75,000 |
| Pretax income | 260,000 | 459,000 | 756,000 | 1,066,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 260,000 | 459,000 | 756,000 | 1,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,624,000 | 10,618,000 | 10,710,000 | 10,815,000 |
| Total capital | 10,738,000 | 10,808,000 | 10,900,000 | 11,005,000 |
| Risk-weighted assets | 35,028,000 | 36,443,000 | 37,187,000 | 37,027,000 |