Call reports 2018
F&M BANK — 2018
What F&M BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 106,774,000 | 103,807,000 | 103,717,000 | 106,347,000 |
| Total loans | 55,242,000 | 57,102,000 | 59,660,000 | 60,488,000 |
| Allowance for loan losses | 597,000 | 597,000 | 597,000 | 612,000 |
| Securities available for sale | 44,019,000 | 42,122,000 | 39,235,000 | 37,749,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,979,000 | 89,383,000 | 88,438,000 | 93,090,000 |
| Interest-bearing deposits | 72,992,000 | 71,156,000 | 70,333,000 | 73,500,000 |
| Noninterest-bearing deposits | 19,987,000 | 18,227,000 | 18,105,000 | 19,590,000 |
| Equity capital | 10,696,000 | 11,086,000 | 11,321,000 | 10,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 828,000 | 1,674,000 | 2,539,000 | 3,414,000 |
| Interest expense | 105,000 | 212,000 | 346,000 | 520,000 |
| Net interest income | 723,000 | 1,462,000 | 2,193,000 | 2,894,000 |
| Noninterest income | 66,000 | 148,000 | 240,000 | 328,000 |
| Noninterest expense | 497,000 | 951,000 | 1,385,000 | 1,913,000 |
| Provision for loan losses | 0 | 0 | 0 | 19,000 |
| Pretax income | 292,000 | 659,000 | 1,046,000 | 1,288,000 |
| Income tax | 12,000 | 24,000 | 36,000 | 48,000 |
| Net income | 280,000 | 635,000 | 1,010,000 | 1,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,078,000 | 11,433,000 | 11,807,000 | 10,937,000 |
| Total capital | 11,690,000 | 12,045,000 | 12,419,000 | 11,564,000 |
| Risk-weighted assets | 71,126,000 | 70,932,000 | 73,726,000 | 73,786,000 |