Call reports 2021
F&M BANK — 2021
What F&M BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 122,774,000 | 123,338,000 | 129,877,000 | 134,044,000 |
| Total loans | 61,777,000 | 61,204,000 | 56,846,000 | 61,401,000 |
| Allowance for loan losses | 814,000 | 821,000 | 821,000 | 820,000 |
| Securities available for sale | 33,360,000 | 39,320,000 | 39,662,000 | 38,748,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,276,000 | 108,502,000 | 114,599,000 | 117,372,000 |
| Interest-bearing deposits | 80,565,000 | 80,529,000 | 84,843,000 | 86,998,000 |
| Noninterest-bearing deposits | 27,711,000 | 27,973,000 | 29,756,000 | 30,374,000 |
| Equity capital | 12,389,000 | 12,853,000 | 12,987,000 | 13,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,009,000 | 1,999,000 | 2,711,000 | 3,432,000 |
| Interest expense | 49,000 | 92,000 | 135,000 | 176,000 |
| Net interest income | 960,000 | 1,907,000 | 2,576,000 | 3,256,000 |
| Noninterest income | 80,000 | 159,000 | 242,000 | 344,000 |
| Noninterest expense | 584,000 | 1,105,000 | 1,653,000 | 2,197,000 |
| Provision for loan losses | 80,000 | 81,000 | 81,000 | 81,000 |
| Pretax income | 376,000 | 880,000 | 1,084,000 | 1,322,000 |
| Income tax | 11,000 | 22,000 | 32,000 | 43,000 |
| Net income | 365,000 | 858,000 | 1,052,000 | 1,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,698,000 | 12,191,000 | 12,385,000 | 12,612,000 |