Call reports 2020
VILLAGE BANK & TRUST, NATIONAL ASSOCIATION — 2020
What VILLAGE BANK & TRUST, NATIONAL ASSOCIATION 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 | 1,937,286,000 | 2,154,492,000 | 2,087,003,000 | 2,183,432,000 |
| Total loans | 1,412,773,000 | 1,719,091,000 | 1,712,874,000 | 1,711,913,000 |
| Allowance for loan losses | 14,330,000 | 19,052,000 | 20,284,000 | 17,492,000 |
| Securities available for sale | 230,092,000 | 218,336,000 | 171,417,000 | 159,950,000 |
| Securities held to maturity | 41,859,000 | 33,848,000 | 28,830,000 | 8,817,000 |
| Trading assets | 7,998,000 | 7,201,000 | 6,798,000 | 5,661,000 |
| Total deposits | 1,632,581,000 | 1,843,922,000 | 1,776,416,000 | 1,868,649,000 |
| Interest-bearing deposits | 1,196,074,000 | 1,165,777,000 | 1,174,644,000 | 1,179,800,000 |
| Noninterest-bearing deposits | 436,507,000 | 678,145,000 | 601,772,000 | 688,849,000 |
| Equity capital | 197,725,000 | 200,064,000 | 204,626,000 | 210,188,000 |
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 | 17,221,000 | 35,083,000 | 51,478,000 | 67,687,000 |
| Interest expense | 4,284,000 | 7,908,000 | 10,645,000 | 13,014,000 |
| Net interest income | 12,937,000 | 27,175,000 | 40,833,000 | 54,673,000 |
| Noninterest income | 2,194,000 | 3,823,000 | 6,035,000 | 8,302,000 |
| Noninterest expense | 7,613,000 | 15,816,000 | 23,821,000 | 32,027,000 |
| Provision for loan losses | 5,318,000 | 10,158,000 | 11,658,000 | 12,781,000 |
| Pretax income | 2,233,000 | 5,061,000 | 11,444,000 | 18,218,000 |
| Income tax | 633,000 | 1,456,000 | 3,207,000 | 4,888,000 |
| Net income | 1,600,000 | 3,605,000 | 8,237,000 | 13,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,233,000 | 167,633,000 | 172,652,000 | 176,868,000 |
| Total capital | 176,806,000 | 184,307,000 | 190,364,000 | 192,387,000 |
| Risk-weighted assets | 1,563,740,000 | 1,576,774,000 | 1,566,006,000 | 1,618,660,000 |