Call reports 2020
VILLAGE BANK, THE — 2020
What VILLAGE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 90,204,000 | 96,017,000 | 98,402,000 | 102,000,000 |
| Total loans | 47,780,000 | 50,716,000 | 52,990,000 | 55,106,000 |
| Allowance for loan losses | 321,000 | 331,000 | 363,000 | 320,000 |
| Securities available for sale | 0 | 0 | 4,981,000 | 4,959,000 |
| Securities held to maturity | 17,883,000 | 13,876,000 | 11,293,000 | 11,273,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,409,000 | 86,093,000 | 88,314,000 | 91,902,000 |
| Interest-bearing deposits | 46,792,000 | 48,367,000 | 48,709,000 | 48,695,000 |
| Noninterest-bearing deposits | 33,617,000 | 37,726,000 | 39,605,000 | 43,207,000 |
| Equity capital | 8,797,000 | 8,913,000 | 9,075,000 | 9,180,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 785,000 | 1,514,000 | 2,228,000 | 3,042,000 |
| Interest expense | 68,000 | 134,000 | 196,000 | 258,000 |
| Net interest income | 717,000 | 1,380,000 | 2,032,000 | 2,784,000 |
| Noninterest income | 102,000 | 184,000 | 279,000 | 391,000 |
| Noninterest expense | 496,000 | 984,000 | 1,432,000 | 1,899,000 |
| Provision for loan losses | 0 | 14,000 | 47,000 | 72,000 |
| Pretax income | 321,000 | 566,000 | 832,000 | 1,202,000 |
| Income tax | 3,000 | 5,000 | 9,000 | 12,000 |
| Net income | 318,000 | 561,000 | 823,000 | 1,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,797,000 | 8,913,000 | 9,075,000 | 9,180,000 |