F&m Bank Mortgage Rates, Fees & Info

Clarksville, TN

LEI: 549300YRN588YD6VNJ18

Tax ID: 62-0198065

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Bank Data

Review & Overview

F&m Bank is a small bank specializing in Home Purchase and Refi loans. F&m Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Nashville, Clarksville, Tullahoma, Shelbyville, and Knoxville among others. We have data for 62 markets. (Some data included below & more in-depth data is available with an active subscription.)

F&m Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. F&m Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 3/28/24
30 Year Conventional Purchase 6.49% 3/28/24
30 Year Conventional Refi 6.54% 3/28/24
30 Year Cash-out Refi 6.62% 3/28/24
30 Year FHA Purchase 7.02% 3/28/24
30 Year FHA Refi 6.27% 3/28/24
30 Year VA Purchase 5.96% 3/28/24
30 Year VA Refi 6.27% 3/28/24
30 Year USDA Purchase 6.52% 3/28/24
15 Year Conventional Purchase 6.06% 3/28/24
15 Year Conventional Refi 6.42% 3/28/24
15 Year Cash-out Refi 6.42% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

F&m Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from F&m Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

3,313

Origination Dollar Volume (All Markets)

$1,055,155,000

Employee count

280 Show all (13) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2,196 $724,060,000 $329,718 $3,326 2.79%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 834 $245,700,000 $294,604 $4,957 2.98%
Outside of Metro Areas 56 $16,990,000 $303,393 $3,503 3.17%
Tullahoma-Manchester, TN (FHA|USDA|VA) 30 $7,980,000 $266,000 $4,751 2.74%
Shelbyville, TN (FHA|USDA|VA) 23 $5,455,000 $237,174 $4,282 2.80%
KNOXVILLE, TN (FHA|USDA|VA) 16 $4,470,000 $279,375 $2,888 2.77%
Cookeville, TN (FHA|USDA|VA) 16 $3,910,000 $244,375 $3,860 2.99%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $3,225,000 $645,000 $4,068 3.20%
Lewisburg, TN (FHA|USDA|VA) 12 $3,060,000 $255,000 $2,734 2.80%
OWENSBORO, KY (FHA|USDA|VA) 2 $2,970,000 $1,485,000 $2,546 3.33%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $2,725,000 $247,727 $2,652 3.10%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $2,595,000 $288,333 $4,219 2.61%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $2,235,000 $447,000 $6,292 2.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $1,845,000 $369,000 $5,101 2.58%
Sevierville, TN (FHA|USDA|VA) 5 $1,565,000 $313,000 $0 3.23%
JACKSON, TN (FHA|USDA|VA) 4 $1,490,000 $372,500 $3,582 2.78%
Murray, KY (FHA|USDA|VA) 5 $1,405,000 $281,000 $2,531 2.90%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,255,000 $251,000 $7,868 2.70%
McMinnville, TN (FHA|USDA|VA) 5 $1,205,000 $241,000 $4,839 2.90%
BOWLING GREEN, KY (FHA|USDA|VA) 4 $1,180,000 $295,000 $2,910 2.97%
Paris, TN (FHA|USDA|VA) 5 $1,125,000 $225,000 $2,972 3.13%
Dayton, TN (FHA|USDA|VA) 3 $1,035,000 $345,000 $2,453 3.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $10,229 4.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $975,000 $325,000 $3,527 3.17%
Lawrenceburg, TN (FHA|USDA|VA) 3 $905,000 $301,667 $2,286 3.21%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $850,000 $425,000 $4,150 2.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $840,000 $420,000 $3,528 2.81%
PANAMA CITY, FL (FHA|USDA|VA) 3 $835,000 $278,333 $0 3.46%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $830,000 $415,000 $3,992 2.69%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $775,000 $258,333 $3,057 2.67%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $710,000 $355,000 $2,866 2.44%
Cullman, AL (FHA|USDA|VA) 1 $665,000 $665,000 $4,533 2.88%
COLUMBUS, OH (FHA|USDA|VA) 2 $660,000 $330,000 $3,105 2.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $655,000 $218,333 $4,459 2.79%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $635,000 $635,000 $3,160 3.00%
MONTGOMERY, AL (FHA|USDA|VA) 2 $580,000 $290,000 $8,249 2.63%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $470,000 $235,000 $3,184 2.31%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $425,000 $425,000 $5,050 2.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $405,000 $405,000 $2,281 3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $365,000 $365,000 $3,700 2.75%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $355,000 $355,000 $3,879 2.63%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $335,000 $335,000 $0 3.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $325,000 $325,000 $2,107 2.25%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $325,000 $325,000 $3,795 3.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $315,000 $315,000 $2,770 3.00%
STAUNTON, VA (FHA|USDA|VA) 1 $255,000 $255,000 $8,211 2.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $255,000 $255,000 $3,205 2.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $2,830 2.63%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $245,000 $245,000 $0 2.50%
DECATUR, AL (FHA|USDA|VA) 1 $235,000 $235,000 $0 3.50%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $235,000 $235,000 $6,780 2.63%
MORRISTOWN, TN (FHA|USDA|VA) 1 $235,000 $235,000 $3,112 3.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $225,000 $225,000 $7,812 2.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,114 2.38%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $215,000 $215,000 $6,936 2.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $195,000 $195,000 $2,282 2.25%
Dyersburg, TN (FHA|USDA|VA) 1 $185,000 $185,000 $3,806 2.25%
Greeneville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,214 3.00%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $1,567 2.75%
Union City, TN (FHA|USDA|VA) 1 $135,000 $135,000 $1,609 3.50%
Crossville, TN (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.38%
F&m Bank's top markets include Nashville, Clarksville, Tullahoma, Shelbyville, and Knoxville among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,713 $882,985,000 $325,464 $2,957 2.91%
    VA 424 $126,500,000 $298,349 $6,552 2.51%
    FHA 158 $42,020,000 $265,949 $7,387 2.64%
    USDA 18 $3,650,000 $202,778 $4,939 2.57%

    For 2021, F&m Bank's most frequently originated type of loan was Conventional, with 2,713 originations. Their 2nd most popular type was VA, with 424 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,700 $571,960,000 $336,447 $4,609 2.92%
    Refi 1,152 $346,430,000 $300,720 $2,777 2.73%
    Cash Out Refi 441 $133,495,000 $302,710 $3,168 2.82%
    Home Improvement 11 $1,565,000 $142,273 $2,482 4.11%
    Other 9 $1,705,000 $189,444 $2,658 4.04%

    For 2021, F&m Bank's most frequently cited loan purpose was Home Purchase, with 1,700 originations. The 2nd most popular reason was Refi, with 1,152 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,531 $793,875,000 $313,661 $3,955 2.80%
    15 Year 349 $84,875,000 $243,195 $2,629 2.39%
    Other 222 $113,330,000 $510,495 $2,578 3.75%
    20 Year 159 $44,715,000 $281,226 $2,811 3.17%
    10 Year 27 $5,125,000 $189,815 $2,310 2.83%
    1 Year 24 $13,190,000 $549,583 $6,943 4.20%
    5 Year 1 $45,000 $45,000 $1,098 5.45%

    For 2021, F&m Bank's most frequently cited loan duration was 30 Year, with 2,531 originations. The 2nd most popular length was 15 Year, with 349 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,653 $819,875,000 $309,037
    $1k-2k 113 $30,305,000 $268,186
    $2k-3k 49 $15,955,000 $325,612
    $3k-4k 18 $6,430,000 $357,222
    $5k+ 9 $8,705,000 $967,222
    $4k-5k 4 $1,730,000 $432,500

    F&m Bank's average total fees were $3,955, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,653 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,549 $496,835,000 $320,746
    <2.5% 999 $286,665,000 $286,952
    3-4% 686 $222,960,000 $325,015
    4-5% 57 $42,635,000 $747,982
    5-6% 17 $5,595,000 $329,118
    6-7% 3 $215,000 $71,667
    7-8% 1 $55,000 $55,000
    Over 8% 1 $195,000 $195,000

    During 2021, F&m Bank's average interest rate for loans was 2.80%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,549 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,818 $518,020,000 $284,939 $3,901 2.76%
    $100k-200k 688 $109,040,000 $158,488 $2,814 2.92%
    $400k-600k 603 $291,085,000 $482,728 $4,073 2.81%
    $100,000 or less 97 $7,145,000 $73,660 $2,109 3.51%
    $600k-1MM 77 $57,305,000 $744,221 $4,755 3.30%
    $1MM+ 30 $72,560,000 $2,418,667 $10,561 3.90%

    2021 saw F&m Bank place emphasis on $200k-400k loans with 1,818 originations, totaling $518,020,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 792 $257,640,000 $325,303 $3,671 2.76%
    $50k-75k 736 $180,940,000 $245,842 $4,031 2.75%
    $75k-100k 515 $149,595,000 $290,476 $4,013 2.76%
    $150k-250k 464 $175,010,000 $377,177 $3,303 2.88%
    $50k or less 335 $63,155,000 $188,522 $3,522 2.79%
    $250k+ 262 $114,530,000 $437,137 $3,825 3.10%

    F&m Bank lent most frequently to those with incomes in the $100k-150k range, with 792 originations. The second most popular income band? $50k-75k, with 736 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 753 $228,405,000 $303,327 $3,277 2.73%
    30-36% 589 $178,055,000 $302,301 $3,404 2.77%
    <20% 323 $96,295,000 $298,127 $2,956 2.67%
    36% 109 $34,065,000 $312,523 $3,730 2.82%
    42% 104 $32,710,000 $314,519 $4,501 2.90%
    41% 103 $34,085,000 $330,922 $3,549 2.77%
    44% 102 $30,990,000 $303,824 $3,791 2.81%
    43% 99 $28,255,000 $285,404 $3,982 2.79%
    39% 94 $28,070,000 $298,617 $4,021 2.89%
    38% 91 $29,095,000 $319,725 $3,817 2.78%
    45% 91 $27,685,000 $304,231 $4,209 2.83%
    50-60% 88 $26,390,000 $299,886 $7,317 2.57%
    40% 84 $26,580,000 $316,429 $3,956 2.82%
    37% 79 $24,815,000 $314,114 $4,050 2.76%
    47% 77 $23,595,000 $306,429 $5,065 2.76%
    46% 71 $22,325,000 $314,437 $4,915 2.76%
    48% 60 $16,970,000 $282,833 $5,096 2.77%
    49% 52 $16,030,000 $308,269 $4,589 2.81%
    >60% 6 $1,910,000 $318,333 $9,969 2.67%

    F&m Bank lent most frequently to those with DTI ratios of 20-30%, with 753 originations. The next most common DTI ratio? 30-36%, with 589 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,633 $813,765,000 $309,064 $3,652 2.81%
    Not provided 293 $98,115,000 $334,863 $3,929 2.73%
    Not applicable 124 $72,220,000 $582,419 $0 3.97%
    Black 146 $38,430,000 $263,219 $4,964 2.85%
    Asian 90 $23,660,000 $262,889 $3,809 2.85%
    American Indian 21 $6,655,000 $316,905 $4,036 2.86%
    Native Hawaiian or Islander 3 $1,305,000 $435,000 $2,757 3.17%
    Asian Indian 2 $710,000 $355,000 $3,077 2.69%
    Filipino 1 $295,000 $295,000 $2,822 2.88%

    Approval Rates

    Total approvals of all applications
    96.57%

    F&m Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    83.88%

    F&m Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,313 $1,055,155,000 $318,489

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,313 $1,055,155,000 $318,489

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 185 $41,125,000 $222,297 $2,636 2.76%
    40-60% 555 $161,445,000 $290,892 $2,770 2.75%
    60-80% 1,300 $440,110,000 $338,546 $3,011 2.94%
    80-100% 1,149 $376,095,000 $327,324 $4,316 2.83%
    Over 100% 112 $34,260,000 $305,893 $11,094 2.55%
    Under 20% 12 $2,120,000 $176,667 $2,412 2.52%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    F&m Bank 100 Profit Drive Clarksville, TN 37042 Full Service B&M $12,396
    F&m Bank 1891 Madison Street Clarksville, TN 37043 Full Service B&M $110,769
    F&m Bank 2011 Highway 47 N White Bluff, TN 37187 Full Service B&M $49,183
    F&m Bank 215 Uffelman Drive Clarksville, TN 37043 Limited, Mobile/Seasonal Office $0
    F&m Bank 221 Indian Lake Boulevard Hendersonville, TN 37075 Full Service B&M $18,247
    F&m Bank 225 West Main Street Lebanon, TN 37087 Full Service B&M $28,613
    F&m Bank 2286 Highway 41, South Greenbrier, TN 37073 Full Service B&M $50,375
    F&m Bank 251 Dover Road Clarksville, TN 37042 Full Service B&M $48,366
    F&m Bank 2601 Wilma Rudolph Blvd Clarksville, TN 37040 Full Service B&M $57,760
    F&m Bank 2698 Madison Street, Highway 41-A Clarksville, TN 37043 Full Service B&M $78,352
    F&m Bank 3029 Highway 120 Bumpus Mills, TN 37028 Full Service B&M $10,980
    F&m Bank 320 Main Street, Suite 100 Franklin, TN 37064 Full Service B&M $11,500
    F&m Bank 3519 Tom Austin Highway Springfield, TN 37172 Full Service B&M $108,482
    F&m Bank 4151 North Mt. Juliet Road Mount Juliet, TN 37122 Full Service B&M $16,316
    F&m Bank 50 Franklin Street Clarksville, TN 37040 Full Service B&M $310,967
    F&m Bank 518 Highway 76 White House, TN 37188 Full Service B&M $30,884
    F&m Bank 802 Memorial Blvd Murfreesboro, TN 37129 Full Service B&M $19,286
    F&m Bank 90 College Street Clarksville, TN 37040 Limited, Drive-thru $0
    F&m Bank 900 N. Washington Avenue Cookeville, TN 38501 Full Service B&M $42,863
    F&m Bank One Donelson Parkway Dover, TN 37058 Full Service B&M $114,690

    For 2021, F&m Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $42,359
    Net interest income $38,719
    Total noninterest income $29,282
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $907
    Trading account gains and fees $0
    Additional Noninterest Income $28,375
    Pre-tax net operating income $19,850
    Securities gains (or losses, -) $-73
    Income before extraordinary items $18,529
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $18,529
    Minority interest net income $-107
    Net income $18,636
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $18,597

    F&m Bank's gross interest income from loans was $42,359,000.
    F&m Bank's net interest income from loans was $38,719,000.
    F&m Bank's fee based income from loans was $907,000.
    F&m Bank's net income from loans was $18,636,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,640
    Provision for credit losses $-3,643
    Total noninterest expense $51,794
    Salaries and employee benefits $31,321
    Premises and equipment expense $6,910
    Additional noninterest expense $13,563
    Applicable income taxes $1,248
    Net charge-offs $-168
    Cash dividends $12,000

    F&m Bank's interest expense for loans was $3,640,000.
    F&m Bank's payroll and benefits expense were $31,321,000.
    F&m Bank's property, plant and equipment expenses $6,910,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,203,843
    Deposits held in domestic offices $1,203,843
    Deposits by Individuals, partnerships, and corporations $1,145,407
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $58,435
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $657,449
    Demand deposits $267,329
    Nontransaction accounts $546,393
    Money market deposit accounts (MMDAs) $222,800
    Other savings deposits (excluding MMDAs) $92,349
    Total time deposits $231,245
    Total time and savings deposits $936,513
    Noninterest-bearing deposits $267,257
    Interest-bearing deposits $936,586
    Retail deposits $1,158,779
    IRAs and Keogh plan accounts $29,214
    Brokered deposits $10,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,398,075
    Cash & Balances due from depository institutions $57,436
    Interest-bearing balances $50,106
    Total securities $148,910
    Federal funds sold & reverse repurchase $15,000
    Net loans and leases $1,042,214
    Loan and leases loss allowance $5,386
    Trading account assets $0
    Bank premises and fixed assets $72,158
    Other real estate owned $0
    Goodwill and other intangibles $28,371
    All other assets $33,986

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,398,075
    Total Liabilities $1,239,985
    Total deposits $1,203,843
    Interest-bearing deposits $936,586
    Deposits held in domestic offices $1,203,843
    % insured (estimated) $73
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $21,689
    Subordinated debt $0
    All other liabilities $14,453

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,042,214
    Loan and leases loss allowance $5,386
    Total loans and leases (domestic) $1,047,600
    All real estate loans $968,509
    Real estate loans in domestic offices $968,509
    Construction and development loans $236,878
    Residential 1-4 family construction $119,728
    Other construction, all land development and other land $117,150
    Loans secured by nonfarm nonresidential properties $241,187
    Nonfarm nonresidential secured by owner-occupied properties $138,217
    Commercial real estate & other non-farm, non-residential $102,970
    Multifamily residential real estate $23,716
    1-4 family residential loans $425,836
    Farmland loans $40,892
    Loans held in foreign offices $0
    Farm loans $4,033
    Commercial and industrial loans $55,822
    To non-U.S. addressees $0
    Loans to individuals $14,011
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,055
    Other loans to individuals $11,956
    All other loans & leases $5,225
    Loans to foreign governments and official institutions $0
    Other loans $4,935
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $248
    Non 1-4 family restructured loans & leases $116
    Total loans and leases (foreign) $0

    F&M Bank had $1,042,214,000 of loans outstanding in 2021. $968,509,000 of loans were in real estate loans. $236,878,000 of loans were in development loans. $23,716,000 of loans were in multifamily mortgage loans. $425,836,000 of loans were in 1-4 family mortgage loans. $4,033,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,055,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 409 $91,246 $223,095
    Nonfarm, nonresidential loans - <$100k 49 $1,755 $35,816
    Nonfarm, nonresidential loans - $100-250k 135 $14,046 $104,044
    Nonfarm, nonresidential loans - $250k-1MM 225 $75,445 $335,311
    Commercial & Industrial, US addressed loans - <$1MM 1,201 $52,431 $43,656
    Commercial & Industrial, US addressed loans - <$100k 968 $16,312 $16,851
    Commercial & Industrial, US addressed loans - $100-250k 151 $13,222 $87,563
    Commercial & Industrial, US addressed loans - $250k-1MM 82 $22,897 $279,232
    Farmland loans - <$1MM 80 $8,335 $104,188
    Farmland loans - <$100k 27 $715 $26,481
    Farmland loans - $100-250k 31 $2,570 $82,903
    Farmland loans - $250k-1MM 22 $5,050 $229,545
    Agriculture operations loans - <$1MM 141 $2,662 $18,879
    Agriculture operations loans - <$100k 125 $1,454 $11,632
    Agriculture operations loans - $100-250k 14 $1,005 $71,786
    Agriculture operations loans - $250k-1MM 2 $203 $101,500