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 | 745,027,000 | 745,774,000 | 757,088,000 | 753,997,000 |
| Total loans | 598,357,000 | 613,644,000 | 617,214,000 | 623,163,000 |
| Allowance for loan losses | 3,574,000 | 3,681,000 | 3,700,000 | 3,696,000 |
| Securities available for sale | 82,784,000 | 83,124,000 | 83,962,000 | 79,169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 621,825,000 | 630,392,000 | 647,618,000 | 620,729,000 |
| Interest-bearing deposits | 391,702,000 | 394,324,000 | 400,774,000 | 380,199,000 |
| Noninterest-bearing deposits | 230,123,000 | 236,068,000 | 246,844,000 | 240,530,000 |
| Equity capital | 77,960,000 | 79,754,000 | 83,819,000 | 83,405,000 |
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 | 9,364,000 | 19,288,000 | 29,675,000 | 40,169,000 |
| Interest expense | 2,644,000 | 5,606,000 | 8,576,000 | 11,422,000 |
| Net interest income | 6,720,000 | 13,682,000 | 21,099,000 | 28,747,000 |
| Noninterest income | 1,576,000 | 2,911,000 | 4,247,000 | 5,782,000 |
| Noninterest expense | 5,597,000 | 11,503,000 | 17,314,000 | 24,284,000 |
| Provision for loan losses | 137,000 | 137,000 | 128,000 | 128,000 |
| Pretax income | 2,549,000 | 4,940,000 | 7,882,000 | 10,021,000 |
| Income tax | 518,000 | 996,000 | 1,573,000 | 1,930,000 |
| Net income | 2,031,000 | 3,944,000 | 6,309,000 | 8,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,355,000 | 85,882,000 | 87,858,000 | 89,128,000 |
| Total capital | 88,249,000 | 89,883,000 | 91,886,000 | 93,152,000 |
| Risk-weighted assets | 624,477,000 | 639,181,000 | 648,803,000 | 644,746,000 |