FMBM: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, FMBM has $1,408,951K in assets. $1,302,380K in debts.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and due from banks	18,337	18,862	20,457
Money market funds and interest-bearing deposits in other banks	1,045	982	518
Federal funds sold	66,512	64,091	26,298
Cash and cash equivalents	85,894	83,935	47,273
Available for sale, at fair value	350,506	329,423	340,021
Other investments, at cost	2,304	2,254	2,254
Loans held for sale, at fair value	3,693	1,288	2,280
Loans held for investment, net of deferred fees and costs	896,865	872,308	848,773
Less allowance for credit losses	7,910	7,848	8,312
Other real estate owned	-	0	0
Net loans held for investment	888,955	864,460	840,461
Bank premises and equipment, net	22,040	21,568	21,776
Interest receivable	5,210	4,929	5,163
Goodwill	3,082	3,082	3,082
Bank owned life insurance	24,600	24,191	23,989
Deferred tax asset, net	7,134	6,857	8,136
Other assets	15,533	16,122	17,489
Total assets	1,408,951	1,358,109	1,311,924

Noninterest bearing	290,343	280,937	278,322
Interest bearing	984,721	954,404	918,129
Total deposits	1,275,064	1,235,341	1,196,451
Long-term debt	9,921	7,000	6,996
Other liabilities	17,395	14,275	13,736
Total liabilities	1,302,380	1,256,616	1,217,183
Common stock, 5 par value, 6,000,000 shares authorized, 3,583,744 (2026) and 3,557,060 (2025) shares issued and outstanding	17,549	17,451	17,491
Additional paid in capital	11,705	11,661	11,674
Retained earnings	94,506	90,241	88,247
Accumulated other comprehensive loss	-17,189	-17,860	-22,671
Total shareholders' equity	106,571	101,493	94,741
Total liabilities and shareholders' equity	1,408,951	1,358,109	1,311,924

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.