Call reports 2015
F&M BANK — 2015
What F&M BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 124,218,000 | 126,700,000 | 123,058,000 | 123,802,000 |
| Total loans | 36,625,000 | 41,045,000 | 41,504,000 | 46,109,000 |
| Allowance for loan losses | 407,000 | 457,000 | 457,000 | 457,000 |
| Securities available for sale | 72,618,000 | 78,379,000 | 73,309,000 | 64,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,895,000 | 107,798,000 | 109,892,000 | 110,831,000 |
| Interest-bearing deposits | 90,595,000 | 89,861,000 | 90,093,000 | 90,154,000 |
| Noninterest-bearing deposits | 21,300,000 | 17,937,000 | 19,799,000 | 20,677,000 |
| Equity capital | 11,240,000 | 11,168,000 | 11,635,000 | 11,070,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 777,000 | 1,622,000 | 2,445,000 | 3,267,000 |
| Interest expense | 104,000 | 209,000 | 313,000 | 415,000 |
| Net interest income | 673,000 | 1,413,000 | 2,132,000 | 2,852,000 |
| Noninterest income | 72,000 | 134,000 | 216,000 | 282,000 |
| Noninterest expense | 496,000 | 1,003,000 | 1,503,000 | 2,019,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 336,000 | 703,000 | 1,011,000 | 1,288,000 |
| Income tax | 13,000 | 25,000 | 37,000 | 51,000 |
| Net income | 323,000 | 678,000 | 974,000 | 1,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,323,000 | 10,762,000 | 11,079,000 | 10,403,000 |
| Total capital | 10,745,000 | 11,234,000 | 11,551,000 | 10,875,000 |
| Risk-weighted assets | 63,517,000 | 64,550,000 | 63,922,000 | 71,487,000 |