Call reports 2017
VOLUNTEER FEDERAL SAVINGS BANK — 2017
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 179,248,000 | 178,383,000 | 184,081,000 | 197,769,000 |
| Total loans | 127,104,000 | 126,430,000 | 126,697,000 | 127,948,000 |
| Allowance for loan losses | 604,000 | 617,000 | 631,000 | 632,000 |
| Securities available for sale | 3,640,000 | 4,079,000 | 8,003,000 | 8,394,000 |
| Securities held to maturity | 1,465,000 | 2,017,000 | 2,016,000 | 8,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,996,000 | 140,147,000 | 142,837,000 | 156,798,000 |
| Interest-bearing deposits | 108,909,000 | 109,069,000 | 110,813,000 | 122,211,000 |
| Noninterest-bearing deposits | 32,087,000 | 31,078,000 | 32,024,000 | 34,587,000 |
| Equity capital | 25,600,000 | 25,875,000 | 26,086,000 | 26,186,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,696,000 | 3,431,000 | 5,211,000 | 7,020,000 |
| Interest expense | 224,000 | 443,000 | 670,000 | 910,000 |
| Net interest income | 1,472,000 | 2,988,000 | 4,541,000 | 6,110,000 |
| Noninterest income | 343,000 | 676,000 | 993,000 | 1,277,000 |
| Noninterest expense | 1,447,000 | 2,896,000 | 4,398,000 | 5,967,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 50,000 |
| Pretax income | 353,000 | 738,000 | 1,091,000 | 1,370,000 |
| Income tax | 124,000 | 259,000 | 383,000 | 481,000 |
| Net income | 229,000 | 479,000 | 708,000 | 889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,621,000 | 25,872,000 | 26,099,000 | 26,282,000 |
| Total capital | 26,225,000 | 26,489,000 | 26,730,000 | 26,914,000 |
| Risk-weighted assets | 99,435,000 | 99,980,000 | 103,040,000 | 104,914,000 |