Call reports 2021
VOLUNTEER FEDERAL SAVINGS BANK — 2021
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 263,722,000 | 271,925,000 | 285,189,000 | 293,676,000 |
| Total loans | 138,833,000 | 145,811,000 | 150,217,000 | 151,684,000 |
| Allowance for loan losses | 713,000 | 743,000 | 769,000 | 799,000 |
| Securities available for sale | 29,280,000 | 40,633,000 | 39,674,000 | 49,808,000 |
| Securities held to maturity | 7,980,000 | 6,957,000 | 6,837,000 | 6,834,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,615,000 | 234,409,000 | 247,267,000 | 255,592,000 |
| Interest-bearing deposits | 180,443,000 | 188,407,000 | 197,829,000 | 202,793,000 |
| Noninterest-bearing deposits | 46,172,000 | 46,002,000 | 49,438,000 | 52,799,000 |
| Equity capital | 31,294,000 | 31,917,000 | 32,202,000 | 32,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,023,000 | 3,992,000 | 6,081,000 | 8,087,000 |
| Interest expense | 144,000 | 280,000 | 409,000 | 535,000 |
| Net interest income | 1,879,000 | 3,712,000 | 5,672,000 | 7,552,000 |
| Noninterest income | 509,000 | 898,000 | 1,208,000 | 1,686,000 |
| Noninterest expense | 1,663,000 | 3,348,000 | 5,111,000 | 6,946,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 695,000 | 1,202,000 | 1,679,000 | 2,172,000 |
| Income tax | 146,000 | 278,000 | 402,000 | 530,000 |
| Net income | 549,000 | 924,000 | 1,277,000 | 1,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,712,000 | 32,087,000 | 32,442,000 | 32,807,000 |
| Total capital | 32,425,000 | 32,830,000 | 33,211,000 | 33,606,000 |
| Risk-weighted assets | 127,741,000 | 136,485,000 | 139,994,000 | 144,688,000 |