Call reports 2023
VILLAGE BANK — 2023
What VILLAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 405,439,000 | 396,027,000 | 399,521,000 | 410,440,000 |
| Total loans | 247,575,000 | 245,325,000 | 256,766,000 | 265,627,000 |
| Allowance for loan losses | 3,385,000 | 3,415,000 | 3,492,000 | 3,645,000 |
| Securities available for sale | 128,320,000 | 117,677,000 | 111,896,000 | 114,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 376,494,000 | 375,062,000 | 381,067,000 | 386,419,000 |
| Interest-bearing deposits | 250,601,000 | 258,075,000 | 268,531,000 | 278,192,000 |
| Noninterest-bearing deposits | 125,893,000 | 116,987,000 | 112,536,000 | 108,227,000 |
| Equity capital | 19,075,000 | 17,301,000 | 15,258,000 | 20,240,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,802,000 | 7,802,000 | 12,046,000 | 16,412,000 |
| Interest expense | 585,000 | 1,496,000 | 2,571,000 | 3,761,000 |
| Net interest income | 3,217,000 | 6,306,000 | 9,475,000 | 12,651,000 |
| Noninterest income | 483,000 | 990,000 | 1,531,000 | 2,040,000 |
| Noninterest expense | 3,374,000 | 6,672,000 | 9,624,000 | 12,399,000 |
| Provision for loan losses | 0 | 0 | 64,000 | 205,000 |
| Pretax income | 321,000 | 619,000 | 1,252,000 | 2,010,000 |
| Income tax | 31,000 | 31,000 | 31,000 | 0 |
| Net income | 290,000 | 588,000 | 1,221,000 | 2,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,003,000 | 33,151,000 | 33,534,000 | 34,069,000 |
| Total capital | 36,272,000 | 36,393,000 | 36,975,000 | 37,601,000 |
| Risk-weighted assets | 261,263,000 | 259,002,000 | 274,984,000 | 282,290,000 |