Call reports 2020
VILLA GROVE STATE BANK — 2020
What VILLA GROVE 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 | 74,469,000 | 74,116,000 | 73,805,000 | 75,936,000 |
| Total loans | 50,574,000 | 49,497,000 | 48,571,000 | 51,220,000 |
| Allowance for loan losses | 759,000 | 768,000 | 768,000 | 777,000 |
| Securities available for sale | 29,000 | 0 | 0 | 0 |
| Securities held to maturity | 9,170,000 | 6,918,000 | 7,016,000 | 7,349,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,202,000 | 64,732,000 | 64,401,000 | 66,688,000 |
| Interest-bearing deposits | 49,377,000 | 47,368,000 | 47,512,000 | 47,934,000 |
| Noninterest-bearing deposits | 15,825,000 | 17,364,000 | 16,889,000 | 18,754,000 |
| Equity capital | 8,747,000 | 8,842,000 | 8,838,000 | 8,777,000 |
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 | 774,000 | 1,509,000 | 2,235,000 | 2,957,000 |
| Interest expense | 117,000 | 215,000 | 288,000 | 344,000 |
| Net interest income | 657,000 | 1,294,000 | 1,947,000 | 2,613,000 |
| Noninterest income | 35,000 | 67,000 | 100,000 | 132,000 |
| Noninterest expense | 422,000 | 837,000 | 1,256,000 | 1,743,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 261,000 | 535,000 | 764,000 | 966,000 |
| Income tax | 1,000 | 5,000 | 8,000 | 11,000 |
| Net income | 260,000 | 530,000 | 756,000 | 955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,710,000 | 8,833,000 | 8,831,000 | 8,771,000 |
| Total capital | 9,234,000 | — | — | — |
| Risk-weighted assets | 41,606,000 | — | — | — |