Call reports 2021
VILLAGE BANK, THE — 2021
What VILLAGE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 114,722,000 | 113,780,000 | 105,502,000 | 107,202,000 |
| Total loans | 57,600,000 | 59,653,000 | 57,545,000 | 61,856,000 |
| Allowance for loan losses | 324,000 | 330,000 | 319,000 | 520,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,745,000 | 22,227,000 | 28,009,000 | 27,991,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,191,000 | 102,916,000 | 94,195,000 | 96,292,000 |
| Interest-bearing deposits | 53,018,000 | 65,546,000 | 51,662,000 | 58,581,000 |
| Noninterest-bearing deposits | 51,173,000 | 37,370,000 | 42,533,000 | 37,711,000 |
| Equity capital | 9,566,000 | 9,887,000 | 10,293,000 | 10,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 725,000 | 1,476,000 | 2,415,000 | 3,193,000 |
| Interest expense | 58,000 | 115,000 | 170,000 | 225,000 |
| Net interest income | 667,000 | 1,361,000 | 2,245,000 | 2,968,000 |
| Noninterest income | 115,000 | 223,000 | 319,000 | 421,000 |
| Noninterest expense | 430,000 | 900,000 | 1,445,000 | 2,006,000 |
| Provision for loan losses | 4,000 | 12,000 | 39,000 | 259,000 |
| Pretax income | 348,000 | 672,000 | 1,080,000 | 1,124,000 |
| Income tax | 3,000 | 6,000 | 8,000 | 16,000 |
| Net income | 345,000 | 666,000 | 1,072,000 | 1,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,566,000 | 9,887,000 | 10,293,000 | 10,000,000 |