Call reports 2020
VERMONT STATE BANK — 2020
What VERMONT STATE BANK 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 | 29,535,000 | 29,477,000 | 29,537,000 | 29,928,000 |
| Total loans | 24,018,000 | 23,519,000 | 23,249,000 | 22,707,000 |
| Allowance for loan losses | 528,000 | 449,000 | 440,000 | 527,000 |
| Securities available for sale | 2,711,000 | 2,703,000 | 2,615,000 | 2,701,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,650,000 | 25,469,000 | 25,496,000 | 26,016,000 |
| Interest-bearing deposits | 23,311,000 | 23,077,000 | 22,903,000 | 23,478,000 |
| Noninterest-bearing deposits | 2,339,000 | 2,392,000 | 2,593,000 | 2,538,000 |
| Equity capital | 3,731,000 | 3,887,000 | 3,913,000 | 3,773,000 |
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 | 331,000 | 674,000 | 1,053,000 | 1,399,000 |
| Interest expense | 128,000 | 252,000 | 373,000 | 491,000 |
| Net interest income | 203,000 | 422,000 | 680,000 | 908,000 |
| Noninterest income | 11,000 | 15,000 | 20,000 | 30,000 |
| Noninterest expense | 236,000 | 476,000 | 722,000 | 914,000 |
| Provision for loan losses | 80,000 | 325,000 | 325,000 | 550,000 |
| Pretax income | -102,000 | -364,000 | -347,000 | -526,000 |
| Income tax | -116,000 | -219,000 | -219,000 | -276,000 |
| Net income | 14,000 | -145,000 | -128,000 | -250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,578,000 | 3,709,000 | 3,726,000 | 3,453,000 |
| Total capital | 3,849,000 | 3,982,000 | 3,991,000 | 3,712,000 |
| Risk-weighted assets | 21,502,000 | 21,738,000 | 21,047,000 | 20,511,000 |