Call reports 2023
VILLAGE BANK & TRUST, NATIONAL ASSOCIATION — 2023
What VILLAGE BANK & TRUST, NATIONAL ASSOCIATION 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 | 2,619,420,000 | 2,528,843,000 | 2,620,012,000 | 2,592,061,000 |
| Total loans | 2,152,884,000 | 2,101,870,000 | 2,055,130,000 | 2,074,859,000 |
| Allowance for loan losses | 16,868,000 | 18,015,000 | 19,822,000 | 20,536,000 |
| Securities available for sale | 93,123,000 | 89,578,000 | 82,666,000 | 101,522,000 |
| Securities held to maturity | 135,755,000 | 133,747,000 | 181,232,000 | 178,576,000 |
| Trading assets | 5,561,000 | 6,743,000 | 7,725,000 | 4,982,000 |
| Total deposits | 2,193,099,000 | 2,121,947,000 | 2,168,478,000 | 2,140,941,000 |
| Interest-bearing deposits | 1,502,752,000 | 1,499,210,000 | 1,514,480,000 | 1,511,715,000 |
| Noninterest-bearing deposits | 690,347,000 | 622,737,000 | 653,998,000 | 629,226,000 |
| Equity capital | 279,376,000 | 286,644,000 | 277,572,000 | 281,284,000 |
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 | 33,451,000 | 68,071,000 | 104,665,000 | 143,899,000 |
| Interest expense | 7,217,000 | 17,419,000 | 29,655,000 | 43,141,000 |
| Net interest income | 26,234,000 | 50,652,000 | 75,010,000 | 100,758,000 |
| Noninterest income | 3,102,000 | 5,679,000 | 8,256,000 | 11,281,000 |
| Noninterest expense | 9,316,000 | 18,779,000 | 27,914,000 | 39,115,000 |
| Provision for loan losses | 632,000 | 2,151,000 | 5,007,000 | 6,386,000 |
| Pretax income | 20,318,000 | 35,589,000 | 50,254,000 | 66,901,000 |
| Income tax | 5,366,000 | 9,468,000 | 13,372,000 | 17,663,000 |
| Net income | 14,952,000 | 26,121,000 | 36,882,000 | 49,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 252,731,000 | 264,099,000 | 260,072,000 | 255,649,000 |
| Total capital | 271,308,000 | 284,530,000 | 282,552,000 | 278,437,000 |
| Risk-weighted assets | 2,379,265,000 | 2,323,052,000 | 2,293,625,000 | 2,331,116,000 |