Call reports 2004
F&M BANK & TRUST COMPANY, THE — 2004
What F&M BANK & TRUST COMPANY, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 1,023,656,000 | 1,067,324,000 | 1,067,703,000 | 1,100,245,000 |
| Total loans | 853,933,000 | 879,709,000 | 887,810,000 | 916,131,000 |
| Allowance for loan losses | 9,192,000 | 8,446,000 | 8,591,000 | 8,385,000 |
| Securities available for sale | 77,098,000 | 84,818,000 | 78,069,000 | 79,045,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,502,000 | 887,684,000 | 914,418,000 | 914,175,000 |
| Interest-bearing deposits | 640,135,000 | 657,500,000 | 678,370,000 | 682,892,000 |
| Noninterest-bearing deposits | 236,367,000 | 230,184,000 | 236,048,000 | 231,283,000 |
| Equity capital | 105,073,000 | 105,930,000 | 107,140,000 | 107,840,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 10,514,000 | 21,190,000 | 33,883,000 | 47,264,000 |
| Interest expense | 2,340,000 | 4,593,000 | 7,041,000 | 9,911,000 |
| Net interest income | 8,174,000 | 16,597,000 | 26,842,000 | 37,353,000 |
| Noninterest income | 2,972,000 | 6,308,000 | 9,784,000 | 12,854,000 |
| Noninterest expense | 8,016,000 | 16,083,000 | 24,683,000 | 33,327,000 |
| Provision for loan losses | 300,000 | 600,000 | 2,000,000 | 2,775,000 |
| Pretax income | 2,941,000 | 6,333,000 | 10,228,000 | 14,566,000 |
| Income tax | 871,000 | 1,925,000 | 3,099,000 | 4,514,000 |
| Net income | 2,070,000 | 4,408,000 | 7,129,000 | 10,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,075,000 | 103,642,000 | 104,744,000 | 105,855,000 |
| Total capital | 111,267,000 | 112,088,000 | 113,335,000 | 114,240,000 |
| Risk-weighted assets | 994,857,000 | 1,012,842,000 | 1,019,244,000 | 1,058,909,000 |