Call reports 2003
F&M BANK & TRUST COMPANY, THE — 2003
What F&M BANK & TRUST COMPANY, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 926,685,000 | 977,016,000 | 997,977,000 | 1,005,663,000 |
| Total loans | 745,524,000 | 789,202,000 | 814,781,000 | 827,561,000 |
| Allowance for loan losses | 10,039,000 | 10,239,000 | 9,890,000 | 8,108,000 |
| Securities available for sale | 77,889,000 | 80,514,000 | 82,137,000 | 75,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 784,973,000 | 813,048,000 | 828,651,000 | 830,966,000 |
| Interest-bearing deposits | 583,999,000 | 600,502,000 | 622,723,000 | 600,896,000 |
| Noninterest-bearing deposits | 200,974,000 | 212,546,000 | 205,928,000 | 230,070,000 |
| Equity capital | 89,991,000 | 91,427,000 | 92,065,000 | 93,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 10,701,000 | 21,029,000 | 31,784,000 | 42,368,000 |
| Interest expense | 2,812,000 | 5,397,000 | 7,866,000 | 10,188,000 |
| Net interest income | 7,889,000 | 15,632,000 | 23,918,000 | 32,180,000 |
| Noninterest income | 3,377,000 | 7,184,000 | 12,201,000 | 16,140,000 |
| Noninterest expense | 7,642,000 | 15,830,000 | 24,898,000 | 33,570,000 |
| Provision for loan losses | 1,250,000 | 1,550,000 | 2,460,000 | 2,760,000 |
| Pretax income | 2,859,000 | 6,004,000 | 9,589,000 | 13,024,000 |
| Income tax | 847,000 | 1,766,000 | 2,945,000 | 3,876,000 |
| Net income | 2,012,000 | 4,238,000 | 6,644,000 | 9,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,524,000 | 88,579,000 | 89,801,000 | 90,786,000 |
| Total capital | 97,563,000 | 98,818,000 | 99,691,000 | 98,894,000 |
| Risk-weighted assets | 863,356,000 | 906,137,000 | 943,336,000 | 958,280,000 |