Call reports 2017
F&M BANK — 2017
What F&M BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 117,038,000 | 113,344,000 | 107,621,000 | 107,786,000 |
| Total loans | 49,722,000 | 51,055,000 | 55,385,000 | 58,779,000 |
| Allowance for loan losses | 597,000 | 597,000 | 597,000 | 597,000 |
| Securities available for sale | 61,415,000 | 54,691,000 | 47,717,000 | 45,040,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,888,000 | 98,795,000 | 90,373,000 | 91,505,000 |
| Interest-bearing deposits | 84,600,000 | 80,694,000 | 72,983,000 | 71,431,000 |
| Noninterest-bearing deposits | 18,288,000 | 18,101,000 | 17,390,000 | 20,074,000 |
| Equity capital | 10,857,000 | 11,671,000 | 11,949,000 | 10,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 800,000 | 1,622,000 | 2,437,000 | 3,263,000 |
| Interest expense | 100,000 | 212,000 | 318,000 | 439,000 |
| Net interest income | 700,000 | 1,410,000 | 2,119,000 | 2,824,000 |
| Noninterest income | 71,000 | 138,000 | 210,000 | 293,000 |
| Noninterest expense | 468,000 | 949,000 | 1,446,000 | 1,947,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 324,000 | 631,000 | 943,000 | 1,230,000 |
| Income tax | 12,000 | 24,000 | 36,000 | 48,000 |
| Net income | 312,000 | 607,000 | 907,000 | 1,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,927,000 | 11,222,000 | 11,522,000 | 10,798,000 |
| Total capital | 11,539,000 | 11,834,000 | 12,134,000 | 11,410,000 |
| Risk-weighted assets | 68,505,000 | 68,011,000 | 70,864,000 | 74,345,000 |