Call reports 2016
F&M BANK — 2016
What F&M BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 124,702,000 | 121,635,000 | 122,257,000 | 118,773,000 |
| Total loans | 52,161,000 | 51,028,000 | 49,790,000 | 51,202,000 |
| Allowance for loan losses | 487,000 | 517,000 | 597,000 | 597,000 |
| Securities available for sale | 64,769,000 | 59,571,000 | 62,936,000 | 58,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,691,000 | 106,902,000 | 105,389,000 | 105,411,000 |
| Interest-bearing deposits | 90,809,000 | 88,179,000 | 86,759,000 | 84,060,000 |
| Noninterest-bearing deposits | 19,882,000 | 18,723,000 | 18,630,000 | 21,351,000 |
| Equity capital | 11,503,000 | 11,883,000 | 11,732,000 | 10,291,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 827,000 | 1,712,000 | 2,560,000 | 3,333,000 |
| Interest expense | 99,000 | 198,000 | 293,000 | 385,000 |
| Net interest income | 728,000 | 1,514,000 | 2,267,000 | 2,948,000 |
| Noninterest income | 67,000 | 135,000 | 211,000 | 286,000 |
| Noninterest expense | 492,000 | 960,000 | 1,435,000 | 1,896,000 |
| Provision for loan losses | 30,000 | 60,000 | 140,000 | 140,000 |
| Pretax income | 273,000 | 629,000 | 964,000 | 1,259,000 |
| Income tax | 12,000 | 24,000 | 36,000 | 48,000 |
| Net income | 261,000 | 605,000 | 928,000 | 1,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,665,000 | 11,008,000 | 11,131,000 | 10,614,000 |
| Total capital | 11,167,000 | 11,540,000 | 11,743,000 | 11,226,000 |
| Risk-weighted assets | 72,746,000 | 68,847,000 | 70,889,000 | 69,571,000 |