Call reports 2019
BANK OF VERNON, THE — 2019
What BANK OF VERNON, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 155,061,000 | 159,361,000 | 162,894,000 | 161,991,000 |
| Total loans | 113,554,000 | 111,376,000 | 113,343,000 | 115,530,000 |
| Allowance for loan losses | 1,759,000 | 1,744,000 | 1,759,000 | 1,701,000 |
| Securities available for sale | 20,159,000 | 22,359,000 | 23,214,000 | 23,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,880,000 | 133,076,000 | 136,308,000 | 135,323,000 |
| Interest-bearing deposits | 100,790,000 | 104,811,000 | 105,814,000 | 106,926,000 |
| Noninterest-bearing deposits | 28,090,000 | 28,265,000 | 30,494,000 | 28,397,000 |
| Equity capital | 25,379,000 | 25,585,000 | 25,774,000 | 25,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,829,000 | 3,698,000 | 5,625,000 | 7,539,000 |
| Interest expense | 353,000 | 775,000 | 1,221,000 | 1,657,000 |
| Net interest income | 1,476,000 | 2,923,000 | 4,404,000 | 5,882,000 |
| Noninterest income | 207,000 | 681,000 | 1,079,000 | 1,569,000 |
| Noninterest expense | 1,031,000 | 2,119,000 | 3,272,000 | 4,544,000 |
| Provision for loan losses | 31,000 | 31,000 | 33,000 | 34,000 |
| Pretax income | 621,000 | 1,454,000 | 2,178,000 | 2,873,000 |
| Income tax | 145,000 | 353,000 | 541,000 | 693,000 |
| Net income | 476,000 | 1,101,000 | 1,637,000 | 2,180,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,446,000 | 25,393,000 | 25,609,000 | 25,866,000 |
| Total capital | 26,828,000 | 26,798,000 | 27,065,000 | 27,342,000 |
| Risk-weighted assets | 110,183,000 | 112,079,000 | 116,221,000 | 117,904,000 |