Call reports 2008
VILLAGE BANK — 2008
What VILLAGE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 119,007,000 | 111,400,000 | 106,277,000 | 105,639,000 |
| Total loans | 84,813,000 | 84,876,000 | 79,405,000 | 79,176,000 |
| Allowance for loan losses | 1,588,000 | 1,351,000 | 1,479,000 | 1,790,000 |
| Securities available for sale | 17,532,000 | 15,409,000 | 16,638,000 | 14,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,651,000 | 77,345,000 | 76,101,000 | 72,739,000 |
| Interest-bearing deposits | 77,671,000 | 70,460,000 | 69,818,000 | 65,206,000 |
| Noninterest-bearing deposits | 5,980,000 | 6,885,000 | 6,283,000 | 7,533,000 |
| Equity capital | 9,769,000 | 9,064,000 | 8,326,000 | 8,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,764,000 | 3,283,000 | 4,747,000 | 6,133,000 |
| Interest expense | 1,099,000 | 2,025,000 | 2,872,000 | 3,584,000 |
| Net interest income | 665,000 | 1,258,000 | 1,875,000 | 2,549,000 |
| Noninterest income | 151,000 | 245,000 | 339,000 | 450,000 |
| Noninterest expense | 1,244,000 | 2,557,000 | 3,653,000 | 4,772,000 |
| Provision for loan losses | 101,000 | 101,000 | 301,000 | 1,651,000 |
| Pretax income | -467,000 | -1,093,000 | -1,678,000 | -3,362,000 |
| Income tax | 0 | 0 | 0 | -284,000 |
| Net income | -467,000 | -1,093,000 | -1,678,000 | -3,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,666,000 | 9,039,000 | 8,457,000 | 8,570,000 |
| Total capital | 10,855,000 | 10,179,000 | 9,570,000 | 9,656,000 |
| Risk-weighted assets | 94,717,000 | 90,998,000 | 88,684,000 | 86,210,000 |