Call reports 2015
BANK OF VERNON, THE — 2015
What BANK OF VERNON, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 145,365,000 | 144,196,000 | 143,637,000 | 144,020,000 |
| Total loans | 99,568,000 | 98,870,000 | 101,045,000 | 102,582,000 |
| Allowance for loan losses | 2,382,000 | 2,233,000 | 1,924,000 | 1,793,000 |
| Securities available for sale | 19,821,000 | 19,298,000 | 24,549,000 | 23,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,763,000 | 120,818,000 | 119,854,000 | 120,102,000 |
| Interest-bearing deposits | 99,292,000 | 97,938,000 | 99,395,000 | 98,300,000 |
| Noninterest-bearing deposits | 22,471,000 | 22,880,000 | 20,459,000 | 21,802,000 |
| Equity capital | 22,038,000 | 22,206,000 | 22,543,000 | 22,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,667,000 | 3,285,000 | 4,934,000 | 6,609,000 |
| Interest expense | 195,000 | 379,000 | 543,000 | 702,000 |
| Net interest income | 1,472,000 | 2,906,000 | 4,391,000 | 5,907,000 |
| Noninterest income | 231,000 | 360,000 | 477,000 | 858,000 |
| Noninterest expense | 1,031,000 | 2,066,000 | 3,173,000 | 4,221,000 |
| Provision for loan losses | 204,000 | 341,000 | 341,000 | 597,000 |
| Pretax income | 469,000 | 860,000 | 1,356,000 | 1,858,000 |
| Income tax | 171,000 | 317,000 | 499,000 | 677,000 |
| Net income | 298,000 | 543,000 | 857,000 | 1,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,752,000 | 22,094,000 | 22,377,000 | 22,816,000 |
| Total capital | 23,122,000 | 23,383,000 | 23,735,000 | 24,166,000 |
| Risk-weighted assets | 108,603,000 | 107,453,000 | 108,010,000 | 107,566,000 |