Call reports 2021
VERMONT STATE BANK — 2021
What VERMONT STATE BANK 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 | 30,215,000 | 29,687,000 | 28,022,000 | 27,279,000 |
| Total loans | 21,791,000 | 20,784,000 | 20,186,000 | 19,444,000 |
| Allowance for loan losses | 477,000 | 294,000 | 268,000 | 228,000 |
| Securities available for sale | 3,008,000 | 3,368,000 | 3,311,000 | 3,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,403,000 | 26,036,000 | 24,436,000 | 23,752,000 |
| Interest-bearing deposits | 23,604,000 | 23,182,000 | 21,444,000 | 20,126,000 |
| Noninterest-bearing deposits | 2,799,000 | 2,854,000 | 2,992,000 | 3,626,000 |
| Equity capital | 3,685,000 | 3,530,000 | 3,476,000 | 3,416,000 |
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 | 328,000 | 682,000 | 976,000 | 1,291,000 |
| Interest expense | 117,000 | 220,000 | 320,000 | 416,000 |
| Net interest income | 211,000 | 462,000 | 656,000 | 875,000 |
| Noninterest income | 6,000 | 12,000 | 19,000 | 38,000 |
| Noninterest expense | 238,000 | 479,000 | 729,000 | 987,000 |
| Provision for loan losses | 10,000 | 255,000 | 280,000 | 300,000 |
| Pretax income | -31,000 | -260,000 | -334,000 | -374,000 |
| Income tax | -2,000 | -65,000 | -82,000 | -98,000 |
| Net income | -29,000 | -195,000 | -252,000 | -276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,421,000 | 3,257,000 | 3,199,000 | 2,968,000 |
| Total capital | 3,680,000 | 3,508,000 | 3,440,000 | 3,196,000 |
| Risk-weighted assets | 20,570,000 | 20,057,000 | 19,261,000 | 18,432,000 |