Call reports 2023
VILLA GROVE STATE BANK — 2023
What VILLA GROVE STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 90,317,000 | 84,240,000 | 85,205,000 | 83,208,000 |
| Total loans | 54,358,000 | 56,125,000 | 57,887,000 | 57,260,000 |
| Allowance for loan losses | 845,000 | 741,000 | 772,000 | 785,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,348,000 | 12,340,000 | 12,083,000 | 12,229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,613,000 | 72,755,000 | 73,362,000 | 73,327,000 |
| Interest-bearing deposits | 52,733,000 | 50,585,000 | 51,828,000 | 50,783,000 |
| Noninterest-bearing deposits | 27,880,000 | 22,170,000 | 21,534,000 | 22,544,000 |
| Equity capital | 9,321,000 | 9,588,000 | 9,572,000 | 9,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,660,000 | 2,545,000 | 3,489,000 |
| Interest expense | 138,000 | 301,000 | 507,000 | 738,000 |
| Net interest income | 671,000 | 1,359,000 | 2,038,000 | 2,751,000 |
| Noninterest income | 38,000 | 78,000 | 115,000 | 161,000 |
| Noninterest expense | 445,000 | 867,000 | 1,323,000 | 1,830,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 252,000 | 546,000 | 794,000 | 1,034,000 |
| Income tax | 4,000 | 8,000 | 12,000 | 15,000 |
| Net income | 248,000 | 538,000 | 782,000 | 1,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,321,000 | 9,588,000 | 9,572,000 | 9,486,000 |