Call reports 2022
VERMONT STATE BANK — 2022
What VERMONT STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 27,829,000 | 26,897,000 | 26,658,000 | 26,539,000 |
| Total loans | 19,112,000 | 18,922,000 | 17,491,000 | 16,906,000 |
| Allowance for loan losses | 259,000 | 288,000 | 273,000 | 308,000 |
| Securities available for sale | 2,669,000 | 2,524,000 | 2,413,000 | 2,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,279,000 | 23,176,000 | 21,540,000 | 20,383,000 |
| Interest-bearing deposits | 20,143,000 | 19,067,000 | 17,634,000 | 15,990,000 |
| Noninterest-bearing deposits | 4,136,000 | 4,109,000 | 3,907,000 | 4,393,000 |
| Equity capital | 3,430,000 | 3,640,000 | 3,561,000 | 3,566,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 285,000 | 535,000 | 818,000 | 1,078,000 |
| Interest expense | 67,000 | 128,000 | 179,000 | 237,000 |
| Net interest income | 218,000 | 407,000 | 639,000 | 841,000 |
| Noninterest income | 28,000 | 71,000 | 141,000 | 255,000 |
| Noninterest expense | 279,000 | 576,000 | 841,000 | 1,143,000 |
| Provision for loan losses | 130,000 | 170,000 | 200,000 | 230,000 |
| Pretax income | -122,000 | -268,000 | -261,000 | -277,000 |
| Income tax | 0 | -75,000 | -73,000 | -73,000 |
| Net income | -122,000 | -193,000 | -188,000 | -204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,147,000 | 3,476,000 | 3,482,000 | 3,407,000 |
| Total capital | 3,342,000 | 3,680,000 | 3,669,000 | 3,577,000 |
| Risk-weighted assets | 15,575,000 | 16,301,000 | 14,855,000 | 13,509,000 |