Call reports 2023
VOLUNTEER FEDERAL SAVINGS BANK — 2023
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 326,469,000 | 329,882,000 | 334,300,000 | 348,318,000 |
| Total loans | 182,870,000 | 191,243,000 | 195,644,000 | 202,777,000 |
| Allowance for loan losses | 834,000 | 832,000 | 852,000 | 879,000 |
| Securities available for sale | 66,812,000 | 64,901,000 | 67,630,000 | 72,968,000 |
| Securities held to maturity | 22,043,000 | 21,095,000 | 20,556,000 | 20,549,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,351,000 | 295,125,000 | 300,192,000 | 299,367,000 |
| Interest-bearing deposits | 236,621,000 | 241,093,000 | 243,795,000 | 245,323,000 |
| Noninterest-bearing deposits | 54,730,000 | 54,032,000 | 56,397,000 | 54,044,000 |
| Equity capital | 30,659,000 | 30,469,000 | 29,690,000 | 32,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,753,000 | 5,715,000 | 8,819,000 | 12,096,000 |
| Interest expense | 430,000 | 1,092,000 | 1,933,000 | 3,054,000 |
| Net interest income | 2,323,000 | 4,623,000 | 6,886,000 | 9,042,000 |
| Noninterest income | 754,000 | 1,190,000 | 1,609,000 | 2,025,000 |
| Noninterest expense | 2,001,000 | 4,060,000 | 6,057,000 | 8,035,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 50,000 |
| Pretax income | 1,076,000 | 1,753,000 | 2,418,000 | 2,982,000 |
| Income tax | 266,000 | 365,000 | 441,000 | 477,000 |
| Net income | 810,000 | 1,388,000 | 1,977,000 | 2,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,403,000 | 36,982,000 | 37,571,000 | 38,099,000 |
| Total capital | 37,237,000 | 37,814,000 | 38,423,000 | 38,978,000 |
| Risk-weighted assets | 157,856,000 | 158,605,000 | 165,611,000 | 167,526,000 |