Call reports 2020
F&M BANK — 2020
What F&M BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 109,798,000 | 117,523,000 | 111,388,000 | 113,958,000 |
| Total loans | 63,427,000 | 64,384,000 | 62,459,000 | 60,636,000 |
| Allowance for loan losses | 641,000 | 741,000 | 741,000 | 741,000 |
| Securities available for sale | 36,424,000 | 35,380,000 | 34,940,000 | 35,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,894,000 | 99,925,000 | 94,793,000 | 99,645,000 |
| Interest-bearing deposits | 76,059,000 | 79,658,000 | 74,251,000 | 76,392,000 |
| Noninterest-bearing deposits | 20,835,000 | 20,267,000 | 20,542,000 | 23,253,000 |
| Equity capital | 10,789,000 | 12,430,000 | 11,642,000 | 12,177,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,020,000 | 2,052,000 | 2,888,000 | 3,713,000 |
| Interest expense | 159,000 | 270,000 | 350,000 | 410,000 |
| Net interest income | 861,000 | 1,782,000 | 2,538,000 | 3,303,000 |
| Noninterest income | 67,000 | 130,000 | 207,000 | 297,000 |
| Noninterest expense | 507,000 | 1,066,000 | 1,613,000 | 2,166,000 |
| Provision for loan losses | 15,000 | 115,000 | 115,000 | 115,000 |
| Pretax income | 406,000 | 731,000 | 1,017,000 | 1,319,000 |
| Income tax | 11,000 | 22,000 | 32,000 | 43,000 |
| Net income | 395,000 | 709,000 | 985,000 | 1,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,552,000 | 11,866,000 | 11,042,000 | 11,333,000 |