Call reports 2008
F & M COMMUNITY BANK, NATIONAL ASSOCIATION — 2008
What F & M COMMUNITY BANK, NATIONAL ASSOCIATION 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 | 83,710,000 | 84,210,000 | 83,581,000 | 88,674,000 |
| Total loans | 56,180,000 | 59,397,000 | 60,366,000 | 61,199,000 |
| Allowance for loan losses | 489,000 | 594,000 | 605,000 | 643,000 |
| Securities available for sale | 20,269,000 | 17,987,000 | 17,499,000 | 17,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,990,000 | 68,569,000 | 66,580,000 | 71,692,000 |
| Interest-bearing deposits | 58,306,000 | 59,616,000 | 57,689,000 | 61,181,000 |
| Noninterest-bearing deposits | 8,684,000 | 8,953,000 | 8,891,000 | 10,511,000 |
| Equity capital | 9,028,000 | 8,646,000 | 9,040,000 | 9,452,000 |
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 | 1,352,000 | 2,741,000 | 4,111,000 | 5,465,000 |
| Interest expense | 547,000 | 1,062,000 | 1,538,000 | 2,005,000 |
| Net interest income | 805,000 | 1,679,000 | 2,573,000 | 3,460,000 |
| Noninterest income | 141,000 | 297,000 | 463,000 | 601,000 |
| Noninterest expense | 591,000 | 1,204,000 | 1,788,000 | 2,404,000 |
| Provision for loan losses | 36,000 | 185,000 | 224,000 | 270,000 |
| Pretax income | 319,000 | 587,000 | 1,024,000 | 1,387,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 6,000 |
| Net income | 313,000 | 581,000 | 1,018,000 | 1,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,807,000 | 8,750,000 | 9,037,000 | 9,200,000 |
| Total capital | 9,296,000 | 9,344,000 | 9,642,000 | 9,843,000 |
| Risk-weighted assets | 66,777,000 | 67,561,000 | 68,071,000 | 69,769,000 |