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Interest and fees on loans
held for investment
$14,130K
Interest from securities
available for sale
$2,398K
Interest from money
market funds and...
$468K
Interest and dividends on
interest bearing...
$59K
Total interest and
dividend income
$17,052K
Interest and fees on loans
held for sale
$3K
Net interest income
$10,495K
Atm and check card
fees
$884K
Title insurance
income
$520K
Wealth management
income
$498K
Mortgage banking income
$426K
Service charges on
deposit accounts
$347K
Income on bank-owned
life insurance
$160K
Total interest
expense
$6,557K
Other operating
income
$95K
Net interest income
after provision for...
$9,956K
Total noninterest
income
$2,734K
Total provision for
credit losses
$539K
Low income housing
partnership amortization
-$196K
(recovery of) provision
for credit losses -...
-$56K
Total interest on
deposits
$6,399K
Interest on long-term
debt
$158K
Income before income
taxes
$3,369K
Total noninterest
expense
$9,321K
Provision for credit
losses - loans
$595K
Net income
$2,924K
Income tax expense
(benefit)
$445K
Salaries
$4,084K
Other operating
expenses
$1,580K
Employee benefits
$939K
Data processing fees
$914K
Legal and
professional expense
$547K
Atm and check card
fees
$384K
Occupancy expense
$362K
Equipment expense
$290K
Fdic assessment
$221K
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Income Statement
source: myfinsight.com
F&M BANK CORP (FMBM)
F&M BANK CORP (FMBM)