Call reports 2016
VOLUNTEER FEDERAL SAVINGS BANK — 2016
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 174,221,000 | 172,576,000 | 174,385,000 | 175,365,000 |
| Total loans | 123,889,000 | 123,834,000 | 125,064,000 | 127,782,000 |
| Allowance for loan losses | 561,000 | 551,000 | 584,000 | 593,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,452,000 | 1,466,000 | 1,466,000 | 1,957,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,260,000 | 135,536,000 | 135,385,000 | 138,556,000 |
| Interest-bearing deposits | 109,085,000 | 107,338,000 | 106,102,000 | 108,850,000 |
| Noninterest-bearing deposits | 28,175,000 | 28,198,000 | 29,283,000 | 29,706,000 |
| Equity capital | 24,856,000 | 25,069,000 | 25,274,000 | 25,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,699,000 | 3,402,000 | 5,115,000 | 6,819,000 |
| Interest expense | 245,000 | 482,000 | 712,000 | 932,000 |
| Net interest income | 1,454,000 | 2,920,000 | 4,403,000 | 5,887,000 |
| Noninterest income | 227,000 | 558,000 | 877,000 | 1,076,000 |
| Noninterest expense | 1,494,000 | 2,947,000 | 4,380,000 | 5,894,000 |
| Provision for loan losses | 15,000 | 30,000 | 84,000 | 94,000 |
| Pretax income | 172,000 | 501,000 | 816,000 | 975,000 |
| Income tax | 60,000 | 175,000 | 286,000 | 327,000 |
| Net income | 112,000 | 326,000 | 530,000 | 648,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,856,000 | 25,069,000 | 25,274,000 | 25,392,000 |
| Total capital | 25,417,000 | 25,620,000 | 25,858,000 | 25,985,000 |
| Risk-weighted assets | 96,665,000 | 98,042,000 | 100,274,000 | 99,849,000 |