Call reports 2008
F&M BANK & TRUST COMPANY, THE — 2008
What F&M BANK & TRUST COMPANY, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,254,462,000 | 1,350,085,000 | 1,310,733,000 | 1,353,814,000 |
| Total loans | 1,052,413,000 | 1,109,386,000 | 1,056,406,000 | 1,060,498,000 |
| Allowance for loan losses | 10,210,000 | 10,804,000 | 10,763,000 | 11,433,000 |
| Securities available for sale | 56,562,000 | 55,877,000 | 59,266,000 | 122,645,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,094,033,000 | 1,167,173,000 | 1,152,122,000 | 1,201,747,000 |
| Interest-bearing deposits | 857,818,000 | 919,900,000 | 914,907,000 | 955,521,000 |
| Noninterest-bearing deposits | 236,215,000 | 247,273,000 | 237,215,000 | 246,226,000 |
| Equity capital | 131,686,000 | 131,377,000 | 131,230,000 | 127,761,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 18,053,000 | 34,496,000 | 50,657,000 | 65,865,000 |
| Interest expense | 7,495,000 | 13,594,000 | 19,343,000 | 24,798,000 |
| Net interest income | 10,558,000 | 20,902,000 | 31,314,000 | 41,067,000 |
| Noninterest income | 3,955,000 | 8,010,000 | 12,288,000 | 16,229,000 |
| Noninterest expense | 10,775,000 | 21,896,000 | 32,933,000 | 43,292,000 |
| Provision for loan losses | 375,000 | 1,225,000 | 1,825,000 | 6,500,000 |
| Pretax income | 3,389,000 | 5,871,000 | 8,935,000 | 6,096,000 |
| Income tax | 944,000 | 1,729,000 | 2,660,000 | 1,483,000 |
| Net income | 2,445,000 | 4,142,000 | 6,275,000 | 4,613,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,537,000 | 130,864,000 | 131,567,000 | 127,122,000 |
| Total capital | 140,747,000 | 141,668,000 | 142,330,000 | 138,555,000 |
| Risk-weighted assets | 1,249,017,000 | 1,298,295,000 | 1,255,978,000 | 1,277,900,000 |