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Income Statement
F&M BANK CORP (FMBM)
source: myfinsight.com
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Interest and fees on loans
held for investment
$13,971K
Interest and fees on loans
held for sale
$20K
Interest from securities
available for sale
$2,378K
Interest from money
market funds and...
$385K
Interest and dividends on
interest bearing...
$58K
Total interest and
dividend income
$16,812K
Net interest income
$10,527K
Atm and check card
fees
$875K
Mortgage banking income
$358K
Service charges on
deposit accounts
$307K
Title insurance
income
$584K
Wealth management
income
$560K
Income on bank owned
life insurance
$215K
Total interest
expense
$6,285K
Other operating
income
$89K
Net interest income
after provision for...
$9,340K
Total noninterest
income
$2,792K
Total provision for
(recovery of) credit...
$1,187K
Low income housing
partnership amortization
-$196K
Total interest on
deposits
$6,168K
Interest on long-term
debt
$116K
Interest on short-term
debt
$1K
Income before income
taxes
$3,420K
Total noninterest
expense
$8,712K
Provision for (recovery
of) credit losses -...
$105K
Provision for (recovery
of) credit losses -...
$1,082K
Net income
$2,965K
Income tax expense
$455K
Atm and check card
fees
$229K
Data processing fees
$855K
Employee benefits
$923K
Equipment expense
$298K
Fdic assessment
$246K
Legal and
professional expense
$527K
Occupancy expense
$387K
Salaries
$3,704K
Other operating
expenses
$1,543K
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