Call reports 2008
F&M BANK — 2008
What F&M BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 89,631,000 | 85,709,000 | 79,425,000 | 77,153,000 |
| Total loans | 27,819,000 | 39,793,000 | 30,645,000 | 32,401,000 |
| Allowance for loan losses | 193,000 | 408,000 | 423,000 | 423,000 |
| Securities available for sale | 30,106,000 | 30,484,000 | 27,457,000 | 27,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,181,000 | 72,650,000 | 65,137,000 | 63,701,000 |
| Interest-bearing deposits | 63,134,000 | 60,743,000 | 56,071,000 | 54,016,000 |
| Noninterest-bearing deposits | 14,047,000 | 11,907,000 | 9,066,000 | 9,685,000 |
| Equity capital | 12,072,000 | 11,813,000 | 12,038,000 | 12,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 303,000 | 1,230,000 | 2,092,000 | 2,894,000 |
| Interest expense | 176,000 | 593,000 | 958,000 | 1,267,000 |
| Net interest income | 127,000 | 637,000 | 1,134,000 | 1,627,000 |
| Noninterest income | 23,000 | 87,000 | 150,000 | 217,000 |
| Noninterest expense | 138,000 | 535,000 | 956,000 | 1,382,000 |
| Provision for loan losses | 5,000 | 220,000 | 235,000 | 235,000 |
| Pretax income | 7,000 | -31,000 | 93,000 | 227,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,000 | -31,000 | 93,000 | 227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,190,000 | 6,200,000 | 6,371,000 | 6,552,000 |
| Total capital | 6,383,000 | 6,608,000 | 6,809,000 | 6,990,000 |
| Risk-weighted assets | 40,520,000 | 49,922,000 | 41,825,000 | 40,831,000 |