Call reports 2020
VOLUNTEER FEDERAL SAVINGS BANK — 2020
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 217,390,000 | 232,335,000 | 237,564,000 | 251,389,000 |
| Total loans | 133,965,000 | 132,983,000 | 133,950,000 | 136,638,000 |
| Allowance for loan losses | 655,000 | 684,000 | 711,000 | 725,000 |
| Securities available for sale | 9,702,000 | 11,060,000 | 16,328,000 | 26,008,000 |
| Securities held to maturity | 8,111,000 | 8,131,000 | 8,061,000 | 8,058,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,869,000 | 195,159,000 | 200,331,000 | 213,710,000 |
| Interest-bearing deposits | 147,095,000 | 154,488,000 | 160,508,000 | 170,967,000 |
| Noninterest-bearing deposits | 33,774,000 | 40,671,000 | 39,823,000 | 42,743,000 |
| Equity capital | 29,796,000 | 30,424,000 | 30,848,000 | 31,400,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,104,000 | 4,154,000 | 6,152,000 | 8,173,000 |
| Interest expense | 250,000 | 476,000 | 669,000 | 840,000 |
| Net interest income | 1,854,000 | 3,678,000 | 5,483,000 | 7,333,000 |
| Noninterest income | 378,000 | 692,000 | 1,072,000 | 1,535,000 |
| Noninterest expense | 1,697,000 | 3,350,000 | 5,015,000 | 6,761,000 |
| Provision for loan losses | 16,000 | 38,000 | 68,000 | 98,000 |
| Pretax income | 538,000 | 1,009,000 | 1,499,000 | 2,036,000 |
| Income tax | 135,000 | 241,000 | 328,000 | 427,000 |
| Net income | 403,000 | 768,000 | 1,171,000 | 1,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,957,000 | 30,322,000 | 30,725,000 | 31,163,000 |
| Total capital | 30,612,000 | 31,006,000 | 31,436,000 | 31,888,000 |
| Risk-weighted assets | 110,333,000 | 109,506,000 | 116,239,000 | 122,282,000 |