Call reports 2023
VILLAGE BANK, THE — 2023
What VILLAGE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 127,402,000 | 125,876,000 |
| Total loans | 58,479,000 | 55,921,000 |
| Allowance for loan losses | 34,000 | 67,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 21,206,000 | 21,125,000 |
| Trading assets | 0 | 0 |
| Total deposits | 108,234,000 | 105,696,000 |
| Interest-bearing deposits | 72,634,000 | 71,293,000 |
| Noninterest-bearing deposits | 35,600,000 | 34,403,000 |
| Equity capital | 18,344,000 | 19,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Interest income | 1,238,000 | 3,057,000 |
| Interest expense | 134,000 | 293,000 |
| Net interest income | 1,104,000 | 2,764,000 |
| Noninterest income | 85,000 | 158,000 |
| Noninterest expense | 648,000 | 1,318,000 |
| Provision for loan losses | 29,000 | 67,000 |
| Pretax income | 512,000 | 1,537,000 |
| Income tax | 138,000 | 394,000 |
| Net income | 374,000 | 1,143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 8,866,000 | 9,237,000 |
| Total capital | 8,900,000 | 9,304,000 |
| Risk-weighted assets | 66,240,000 | 66,110,000 |