Call reports 2024
VILLAGE BANK — 2024
What VILLAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 401,257,000 | 401,579,000 | 409,242,000 | 401,680,000 |
| Total loans | 269,278,000 | 277,952,000 | 275,352,000 | 280,825,000 |
| Allowance for loan losses | 3,728,000 | 3,792,000 | 3,940,000 | 3,737,000 |
| Securities available for sale | 108,385,000 | 105,759,000 | 103,368,000 | 97,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,441,000 | 372,279,000 | 382,039,000 | 377,280,000 |
| Interest-bearing deposits | 265,004,000 | 267,693,000 | 278,067,000 | 273,536,000 |
| Noninterest-bearing deposits | 108,437,000 | 104,586,000 | 103,972,000 | 103,744,000 |
| Equity capital | 19,879,000 | 20,299,000 | 24,375,000 | 22,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,436,000 | 8,896,000 | 13,588,000 | 18,262,000 |
| Interest expense | 1,460,000 | 3,013,000 | 4,652,000 | 6,175,000 |
| Net interest income | 2,976,000 | 5,883,000 | 8,936,000 | 12,087,000 |
| Noninterest income | 469,000 | 990,000 | 1,480,000 | 1,931,000 |
| Noninterest expense | 2,842,000 | 5,635,000 | 8,332,000 | 10,970,000 |
| Provision for loan losses | 73,000 | 259,000 | 259,000 | 310,000 |
| Pretax income | 554,000 | 1,026,000 | 1,872,000 | 2,796,000 |
| Income tax | 0 | 25,000 | 56,000 | 89,000 |
| Net income | 554,000 | 1,001,000 | 1,816,000 | 2,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,122,000 | 34,299,000 | 34,763,000 | 35,464,000 |
| Total capital | 37,674,000 | 37,934,000 | 38,302,000 | 39,078,000 |
| Risk-weighted assets | 283,798,000 | 290,549,000 | 282,578,000 | 288,864,000 |