Call reports 2012
VERNON BANK, THE — 2012
What VERNON BANK, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 76,209,000 | 73,649,000 | 75,547,000 | 76,044,000 |
| Total loans | 48,484,000 | 50,068,000 | 49,501,000 | 48,226,000 |
| Allowance for loan losses | 668,000 | 693,000 | 696,000 | 577,000 |
| Securities available for sale | 14,302,000 | 12,751,000 | 12,128,000 | 13,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,537,000 | 63,640,000 | 65,228,000 | 65,934,000 |
| Interest-bearing deposits | 35,895,000 | 35,768,000 | 36,483,000 | 35,738,000 |
| Noninterest-bearing deposits | 30,642,000 | 27,872,000 | 28,745,000 | 30,196,000 |
| Equity capital | 6,331,000 | 6,710,000 | 6,916,000 | 6,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 905,000 | 1,805,000 | 2,715,000 | 3,595,000 |
| Interest expense | 86,000 | 162,000 | 237,000 | 310,000 |
| Net interest income | 819,000 | 1,643,000 | 2,478,000 | 3,285,000 |
| Noninterest income | 198,000 | 382,000 | 560,000 | 750,000 |
| Noninterest expense | 700,000 | 1,403,000 | 2,103,000 | 2,782,000 |
| Provision for loan losses | 70,000 | 121,000 | 173,000 | 240,000 |
| Pretax income | 247,000 | 501,000 | 762,000 | 1,013,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 247,000 | 501,000 | 762,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,117,000 | 6,371,000 | 6,531,000 | 6,683,000 |
| Total capital | 6,678,000 | 6,939,000 | 7,093,000 | 7,231,000 |
| Risk-weighted assets | 44,787,000 | 45,341,000 | 44,841,000 | 43,844,000 |