Call reports 2013
VILLAGE BANK, THE — 2013
What VILLAGE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 79,646,000 | 79,348,000 | 79,625,000 | 78,237,000 |
| Total loans | 44,818,000 | 45,149,000 | 46,067,000 | 45,839,000 |
| Allowance for loan losses | 364,000 | 345,000 | 360,000 | 360,000 |
| Securities available for sale | 1,709,000 | 2,133,000 | 2,180,000 | 2,164,000 |
| Securities held to maturity | 0 | 0 | 499,000 | 499,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,440,000 | 71,082,000 | 71,217,000 | 70,058,000 |
| Interest-bearing deposits | 56,921,000 | 57,891,000 | 58,379,000 | 56,228,000 |
| Noninterest-bearing deposits | 14,519,000 | 13,191,000 | 12,838,000 | 13,830,000 |
| Equity capital | 7,368,000 | 7,357,000 | 7,492,000 | 7,375,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 653,000 | 1,314,000 | 1,984,000 | 2,642,000 |
| Interest expense | 116,000 | 225,000 | 329,000 | 417,000 |
| Net interest income | 537,000 | 1,089,000 | 1,655,000 | 2,225,000 |
| Noninterest income | 81,000 | 173,000 | 274,000 | 375,000 |
| Noninterest expense | 509,000 | 1,011,000 | 1,509,000 | 1,960,000 |
| Provision for loan losses | 5,000 | 15,000 | 30,000 | 71,000 |
| Pretax income | 104,000 | 236,000 | 390,000 | 569,000 |
| Income tax | 2,000 | 4,000 | 6,000 | 7,000 |
| Net income | 102,000 | 232,000 | 384,000 | 562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,362,000 | 7,417,000 | 7,516,000 | 7,407,000 |
| Total capital | 7,726,000 | 7,762,000 | 7,876,000 | 7,767,000 |
| Risk-weighted assets | 39,761,000 | 40,284,000 | 40,854,000 | 40,512,000 |