Call reports 2013
F&M BANK & TRUST COMPANY, THE — 2013
What F&M BANK & TRUST COMPANY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 2,380,676,000 | 2,434,300,000 | 2,467,937,000 | 2,565,052,000 |
| Total loans | 1,886,668,000 | 1,900,135,000 | 1,881,986,000 | 1,761,428,000 |
| Allowance for loan losses | 24,646,000 | 23,712,000 | 23,699,000 | 24,076,000 |
| Securities available for sale | 108,269,000 | 106,122,000 | 97,338,000 | 92,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,151,183,000 | 2,209,186,000 | 2,237,889,000 | 2,333,156,000 |
| Interest-bearing deposits | 2,010,855,000 | 2,000,441,000 | 2,018,956,000 | 2,133,750,000 |
| Noninterest-bearing deposits | 140,328,000 | 208,745,000 | 218,933,000 | 199,406,000 |
| Equity capital | 207,107,000 | 211,532,000 | 210,517,000 | 214,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 23,579,000 | 47,608,000 | 71,597,000 | 94,265,000 |
| Interest expense | 2,276,000 | 4,555,000 | 6,738,000 | 8,781,000 |
| Net interest income | 21,303,000 | 43,053,000 | 64,859,000 | 85,484,000 |
| Noninterest income | 3,508,000 | 6,710,000 | 9,513,000 | 12,192,000 |
| Noninterest expense | 18,654,000 | 37,469,000 | 63,554,000 | 81,431,000 |
| Provision for loan losses | 250,000 | 350,000 | 350,000 | 350,000 |
| Pretax income | 5,907,000 | 11,944,000 | 10,478,000 | 15,905,000 |
| Income tax | 2,159,000 | 4,411,000 | 3,883,000 | 6,655,000 |
| Net income | 3,748,000 | 7,533,000 | 6,595,000 | 9,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,510,000 | 215,427,000 | 214,342,000 | 217,050,000 |
| Total capital | 235,156,000 | 239,391,000 | 238,299,000 | 241,391,000 |
| Risk-weighted assets | 2,089,855,000 | 2,120,918,000 | 2,094,688,000 | 2,001,514,000 |