Call reports 2003
VILLAGE BANK — 2003
What VILLAGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 79,022,000 | 81,693,000 | 85,630,000 | 85,971,000 |
| Total loans | 61,356,000 | 60,988,000 | 66,870,000 | 71,386,000 |
| Allowance for loan losses | 532,000 | 545,000 | 588,000 | 573,000 |
| Securities available for sale | 7,411,000 | 7,092,000 | 7,633,000 | 8,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,450,000 | 68,334,000 | 67,933,000 | 66,037,000 |
| Interest-bearing deposits | 60,755,000 | 62,368,000 | 62,576,000 | 60,687,000 |
| Noninterest-bearing deposits | 4,695,000 | 5,966,000 | 5,357,000 | 5,350,000 |
| Equity capital | 7,248,000 | 7,317,000 | 7,188,000 | 7,284,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 972,000 | 1,937,000 | 2,895,000 | 3,908,000 |
| Interest expense | 392,000 | 777,000 | 1,150,000 | 1,512,000 |
| Net interest income | 580,000 | 1,160,000 | 1,745,000 | 2,396,000 |
| Noninterest income | 27,000 | 52,000 | 80,000 | 108,000 |
| Noninterest expense | 433,000 | 880,000 | 1,398,000 | 1,919,000 |
| Provision for loan losses | 75,000 | 134,000 | 184,000 | 184,000 |
| Pretax income | 99,000 | 198,000 | 243,000 | 401,000 |
| Income tax | 35,000 | 70,000 | 85,000 | 143,000 |
| Net income | 64,000 | 128,000 | 158,000 | 258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,208,000 | 7,271,000 | 7,201,000 | 7,302,000 |
| Total capital | 7,740,000 | 7,816,000 | 7,789,000 | 7,875,000 |
| Risk-weighted assets | 57,479,000 | 60,245,000 | 67,265,000 | 67,306,000 |