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F&M Bank - Atlantic

Gloucester, VA · Cert 27554

FDIC

Q4 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2001, the quarter ended December 31, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

F&M Bank - Atlantic

Gloucester, VA · Cert 27554

FDIC

Q4 2001

$423.4MAssets
$213.8MLoans
$380.2MDeposits
$39.9MEquity
Loan mix
69%RE $75.2M29%C&I $31.4M3%Consumer $3.1MQ4 2000Q4 2001
Deposit mix
85%Interest-bearing $322.6M15%Noninterest $57.6MQ4 2000Q4 2001

NIM

7.65%Q1 ’017.45%Q3 ’017.07%Q4 ’01-4%-6%

Non-interest income vs. expense

2.87%Q1 ’013.69%Q3 ’013.23%Q4 ’01+37%-14%

Executive Summary

  • Earnings: ROA of -0.03%, down 131 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.96%.
  • Funding: loans stand at 56.24% of deposits as of Q4 2001.

Financial Results

Return on Assets (YTD, annualized)

-0.03%-131 bps YoY

Net Interest Margin (YTD, annualized)

3.37%

Efficiency Ratio (YTD, annualized)

83.04%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets1.28%0.99%0.49%-0.67%-0.03%-131 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/a3.75%3.63%3.59%3.37%n/a
Efficiency Ration/a66.54%85.63%89.72%83.04%n/a
Non-Interest Burdenn/a2.31%3.03%3.16%2.71%n/a
Growth
Asset Growth (YoY)87.46%88.24%83.59%75.87%4.49%-8,297 bps
Loan Growth (YoY)64.70%60.15%56.11%52.27%-4.94%-6,964 bps
Deposit Growth (YoY)81.02%83.33%79.00%71.66%6.40%-7,461 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.28%1.56%1.17%0.96%n/a
Allowance / Loansn/a1.32%0.79%2.87%2.87%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/a16.47%15.71%15.24%16.72%n/a
Equity / Assetsn/a10.34%10.07%9.71%9.42%n/a
Liquidity & Funding
Loans / Deposits62.95%60.30%59.92%60.88%56.24%-671 bps
Liquid Assets / Assets0.00%2.77%2.83%0.64%0.62%+62 bps
CRE / Total Capitaln/an/an/an/an/an/an/a