Call reports 2018
BANK OF VERNON, THE — 2018
What BANK OF VERNON, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 145,814,000 | 147,435,000 | 147,700,000 | 149,184,000 |
| Total loans | 111,599,000 | 112,293,000 | 114,562,000 | 115,663,000 |
| Allowance for loan losses | 1,572,000 | 1,671,000 | 1,687,000 | 1,721,000 |
| Securities available for sale | 21,394,000 | 20,943,000 | 20,849,000 | 21,004,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,687,000 | 122,599,000 | 122,507,000 | 123,419,000 |
| Interest-bearing deposits | 95,349,000 | 96,190,000 | 94,196,000 | 95,220,000 |
| Noninterest-bearing deposits | 25,338,000 | 26,409,000 | 28,311,000 | 28,199,000 |
| Equity capital | 24,069,000 | 24,213,000 | 24,507,000 | 25,062,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,662,000 | 3,375,000 | 5,139,000 | 6,993,000 |
| Interest expense | 198,000 | 409,000 | 661,000 | 959,000 |
| Net interest income | 1,464,000 | 2,966,000 | 4,478,000 | 6,034,000 |
| Noninterest income | 215,000 | 460,000 | 904,000 | 1,128,000 |
| Noninterest expense | 1,055,000 | 2,130,000 | 3,166,000 | 4,279,000 |
| Provision for loan losses | 78,000 | 203,000 | 226,000 | 225,000 |
| Pretax income | 625,000 | 1,426,000 | 2,323,000 | 2,991,000 |
| Income tax | 111,000 | 367,000 | 569,000 | 663,000 |
| Net income | 514,000 | 1,059,000 | 1,754,000 | 2,328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,383,000 | 24,607,000 | 24,981,000 | 25,234,000 |
| Total capital | 25,760,000 | 25,978,000 | 26,385,000 | 26,635,000 |
| Risk-weighted assets | 110,037,000 | 109,431,000 | 112,083,000 | 111,822,000 |