Call reports 2019
VERMONT STATE BANK — 2019
What VERMONT STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 28,056,000 | 28,540,000 | 29,932,000 | 29,351,000 |
| Total loans | 23,986,000 | 24,066,000 | 24,687,000 | 24,487,000 |
| Allowance for loan losses | 446,000 | 409,000 | 372,000 | 497,000 |
| Securities available for sale | 2,544,000 | 2,570,000 | 2,720,000 | 2,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,518,000 | 25,977,000 | 25,725,000 | 25,515,000 |
| Interest-bearing deposits | 20,970,000 | 23,188,000 | 22,994,000 | 23,138,000 |
| Noninterest-bearing deposits | 4,548,000 | 2,789,000 | 2,731,000 | 2,377,000 |
| Equity capital | 2,445,000 | 2,475,000 | 4,083,000 | 3,702,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 359,000 | 711,000 | 1,096,000 | 1,480,000 |
| Interest expense | 119,000 | 243,000 | 369,000 | 497,000 |
| Net interest income | 240,000 | 468,000 | 727,000 | 983,000 |
| Noninterest income | 13,000 | 23,000 | 35,000 | 45,000 |
| Noninterest expense | 162,000 | 360,000 | 603,000 | 881,000 |
| Provision for loan losses | 118,000 | 118,000 | 145,000 | 660,000 |
| Pretax income | -27,000 | 13,000 | 14,000 | -513,000 |
| Income tax | 0 | 0 | 0 | -148,000 |
| Net income | -27,000 | 13,000 | 14,000 | -365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,468,000 | 2,466,000 | 4,068,000 | 3,689,000 |
| Total capital | 2,725,000 | 2,730,000 | 4,341,000 | 3,961,000 |
| Risk-weighted assets | 20,443,000 | 21,050,000 | 21,749,000 | 21,584,000 |