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Reports
Income
Fourth quarter net income for F & M National Corporation was $526,869 or 30 cents per share compared to $534,320 or 31 cents per share for the same quarter of 1981.
For the year, net income was $1.95 million or $1.12 per share compared to $2.2 million the previous year.
At year end, net loans were $133.7 million, an increase of $7.3 million over 1981 figures. Deposits were up $24 miHTon to $217.4 million for the4ame period. Total assets increased $30 million to $251.2 million at the end of 1982.
86.0%