Call reports 2024
VOLUNTEER FEDERAL SAVINGS BANK — 2024
What VOLUNTEER FEDERAL SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 343,081,000 | 346,073,000 | 352,844,000 | 357,254,000 |
| Total loans | 207,720,000 | 216,758,000 | 220,880,000 | 226,029,000 |
| Allowance for loan losses | 906,000 | 933,000 | 1,034,000 | 1,178,000 |
| Securities available for sale | 70,285,000 | 68,741,000 | 68,230,000 | 68,582,000 |
| Securities held to maturity | 19,998,000 | 18,987,000 | 17,950,000 | 15,944,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,831,000 | 307,075,000 | 314,327,000 | 319,621,000 |
| Interest-bearing deposits | 250,266,000 | 250,295,000 | 259,484,000 | 264,932,000 |
| Noninterest-bearing deposits | 52,565,000 | 56,780,000 | 54,843,000 | 54,689,000 |
| Equity capital | 32,915,000 | 33,206,000 | 35,122,000 | 34,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,395,000 | 6,933,000 | 10,578,000 | 14,419,000 |
| Interest expense | 1,325,000 | 2,678,000 | 4,093,000 | 5,528,000 |
| Net interest income | 2,070,000 | 4,255,000 | 6,485,000 | 8,891,000 |
| Noninterest income | 456,000 | 943,000 | 1,461,000 | 1,952,000 |
| Noninterest expense | 2,115,000 | 4,246,000 | 6,458,000 | 8,586,000 |
| Provision for loan losses | 30,000 | 60,000 | 170,000 | 320,000 |
| Pretax income | 381,000 | 892,000 | 1,318,000 | 1,937,000 |
| Income tax | 29,000 | 118,000 | 190,000 | 300,000 |
| Net income | 352,000 | 774,000 | 1,128,000 | 1,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,451,000 | 38,873,000 | 39,227,000 | 39,736,000 |
| Total capital | 39,357,000 | 39,806,000 | 40,261,000 | 40,914,000 |
| Risk-weighted assets | 169,877,000 | 175,236,000 | 179,153,000 | 181,405,000 |