Call reports 2019
F&M BANK — 2019
What F&M BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 107,726,000 | 103,626,000 | 110,328,000 | 109,374,000 |
| Total loans | 61,504,000 | 58,409,000 | 62,815,000 | 63,691,000 |
| Allowance for loan losses | 560,000 | 608,000 | 616,000 | 626,000 |
| Securities available for sale | 35,494,000 | 36,631,000 | 38,184,000 | 35,932,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,066,000 | 88,827,000 | 90,639,000 | 94,935,000 |
| Interest-bearing deposits | 73,518,000 | 68,186,000 | 70,047,000 | 72,105,000 |
| Noninterest-bearing deposits | 20,548,000 | 20,641,000 | 20,592,000 | 22,830,000 |
| Equity capital | 11,638,000 | 12,241,000 | 12,593,000 | 11,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 889,000 | 1,800,000 | 2,713,000 | 3,634,000 |
| Interest expense | 169,000 | 338,000 | 496,000 | 663,000 |
| Net interest income | 720,000 | 1,462,000 | 2,217,000 | 2,971,000 |
| Noninterest income | 70,000 | 188,000 | 270,000 | 344,000 |
| Noninterest expense | 468,000 | 963,000 | 1,470,000 | 1,982,000 |
| Provision for loan losses | 15,000 | 60,000 | 70,000 | 86,000 |
| Pretax income | 315,000 | 635,000 | 955,000 | 1,255,000 |
| Income tax | 13,000 | 26,000 | 39,000 | 36,000 |
| Net income | 302,000 | 609,000 | 916,000 | 1,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,239,000 | 11,547,000 | 11,853,000 | 11,156,000 |
| Total capital | 11,814,000 | 12,170,000 | 12,484,000 | 11,797,000 |
| Risk-weighted assets | 74,364,000 | 70,378,000 | 76,062,000 | 75,201,000 |