Call reports 2014
VOLUNTEER FEDERAL SAVINGS BANK — 2014
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 170,817,000 | 171,258,000 | 169,297,000 | 168,781,000 |
| Total loans | 128,476,000 | 127,238,000 | 126,258,000 | 124,871,000 |
| Allowance for loan losses | 652,000 | 566,000 | 552,000 | 590,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,978,000 | 2,979,000 | 2,980,000 | 2,981,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,796,000 | 128,463,000 | 128,542,000 | 130,109,000 |
| Interest-bearing deposits | 107,035,000 | 106,656,000 | 106,542,000 | 107,130,000 |
| Noninterest-bearing deposits | 20,761,000 | 21,807,000 | 22,000,000 | 22,979,000 |
| Equity capital | 23,323,000 | 23,576,000 | 23,787,000 | 24,005,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,813,000 | 3,592,000 | 5,358,000 | 7,132,000 |
| Interest expense | 337,000 | 642,000 | 954,000 | 1,235,000 |
| Net interest income | 1,476,000 | 2,950,000 | 4,404,000 | 5,897,000 |
| Noninterest income | 256,000 | 592,000 | 859,000 | 1,136,000 |
| Noninterest expense | 1,446,000 | 2,867,000 | 4,211,000 | 5,651,000 |
| Provision for loan losses | 0 | 0 | 52,000 | 47,000 |
| Pretax income | 286,000 | 675,000 | 1,000,000 | 1,335,000 |
| Income tax | 100,000 | 236,000 | 350,000 | 467,000 |
| Net income | 186,000 | 439,000 | 650,000 | 868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,323,000 | 23,576,000 | 23,787,000 | 24,005,000 |
| Total capital | 23,975,000 | 24,142,000 | 24,339,000 | 24,595,000 |
| Risk-weighted assets | 102,541,000 | 103,851,000 | 101,767,000 | 102,578,000 |