Call reports 2016
VERMONT STATE BANK — 2016
What VERMONT STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 24,608,000 | 24,909,000 | 26,394,000 | 27,300,000 |
| Total loans | 20,654,000 | 21,258,000 | 22,057,000 | 23,041,000 |
| Allowance for loan losses | 343,000 | 373,000 | 417,000 | 400,000 |
| Securities available for sale | 2,898,000 | 2,652,000 | 2,384,000 | 2,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,419,000 | 22,157,000 | 24,083,000 | 25,085,000 |
| Interest-bearing deposits | 20,407,000 | 20,036,000 | 21,708,000 | 22,566,000 |
| Noninterest-bearing deposits | 2,012,000 | 2,121,000 | 2,375,000 | 2,519,000 |
| Equity capital | 2,120,000 | 2,209,000 | 2,242,000 | 2,139,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 311,000 | 632,000 | 959,000 | 1,304,000 |
| Interest expense | 79,000 | 159,000 | 248,000 | 345,000 |
| Net interest income | 232,000 | 473,000 | 711,000 | 959,000 |
| Noninterest income | 21,000 | 38,000 | 57,000 | 72,000 |
| Noninterest expense | 149,000 | 331,000 | 489,000 | 743,000 |
| Provision for loan losses | 0 | 0 | 58,000 | 108,000 |
| Pretax income | 105,000 | 184,000 | 225,000 | 184,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 105,000 | 184,000 | 225,000 | 184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,079,000 | 2,157,000 | 2,199,000 | 2,157,000 |
| Total capital | 2,299,000 | 2,388,000 | 2,437,000 | 2,405,000 |
| Risk-weighted assets | 17,545,000 | 18,415,000 | 18,886,000 | 19,763,000 |