Call reports 2014
F&M BANK — 2014
What F&M BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 120,627,000 | 120,918,000 | 117,473,000 | 120,241,000 |
| Total loans | 30,335,000 | 31,704,000 | 34,443,000 | 35,242,000 |
| Allowance for loan losses | 407,000 | 407,000 | 407,000 | 407,000 |
| Securities available for sale | 76,094,000 | 80,908,000 | 75,520,000 | 73,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,520,000 | 107,172,000 | 106,024,000 | 108,279,000 |
| Interest-bearing deposits | 88,168,000 | 88,788,000 | 88,532,000 | 86,794,000 |
| Noninterest-bearing deposits | 21,352,000 | 18,384,000 | 17,492,000 | 21,485,000 |
| Equity capital | 10,065,000 | 10,771,000 | 10,358,000 | 10,766,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 767,000 | 1,590,000 | 2,369,000 | 3,196,000 |
| Interest expense | 108,000 | 217,000 | 325,000 | 431,000 |
| Net interest income | 659,000 | 1,373,000 | 2,044,000 | 2,765,000 |
| Noninterest income | 58,000 | 124,000 | 187,000 | 250,000 |
| Noninterest expense | 487,000 | 1,035,000 | 1,526,000 | 2,014,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 240,000 | 552,000 | 859,000 | 1,219,000 |
| Income tax | 12,000 | 21,000 | 33,000 | 45,000 |
| Net income | 228,000 | 531,000 | 826,000 | 1,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,661,000 | 10,010,000 | 9,452,000 | 9,847,000 |
| Total capital | 10,083,000 | 10,432,000 | 9,874,000 | 10,269,000 |
| Risk-weighted assets | 54,017,000 | 55,407,000 | 56,142,000 | 55,832,000 |