Call reports 2024
VILLAGE BANK & TRUST, NATIONAL ASSOCIATION — 2024
What VILLAGE BANK & TRUST, NATIONAL ASSOCIATION 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 | 2,686,155,000 | 2,894,302,000 | 2,900,827,000 | 3,100,228,000 |
| Total loans | 2,117,184,000 | 2,165,786,000 | 2,278,917,000 | 2,473,825,000 |
| Allowance for loan losses | 21,540,000 | 21,362,000 | 20,729,000 | 21,224,000 |
| Securities available for sale | 195,245,000 | 190,265,000 | 147,092,000 | 185,950,000 |
| Securities held to maturity | 176,088,000 | 173,092,000 | 170,067,000 | 165,755,000 |
| Trading assets | 5,647,000 | 5,572,000 | 4,705,000 | 4,417,000 |
| Total deposits | 2,169,740,000 | 2,383,666,000 | 2,381,347,000 | 2,572,549,000 |
| Interest-bearing deposits | 1,575,991,000 | 1,749,646,000 | 1,763,186,000 | 1,895,786,000 |
| Noninterest-bearing deposits | 593,749,000 | 634,020,000 | 618,161,000 | 676,763,000 |
| Equity capital | 290,071,000 | 287,365,000 | 299,331,000 | 307,299,000 |
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 | 40,378,000 | 81,540,000 | 124,976,000 | 169,875,000 |
| Interest expense | 14,379,000 | 30,784,000 | 48,577,000 | 66,410,000 |
| Net interest income | 25,999,000 | 50,756,000 | 76,399,000 | 103,465,000 |
| Noninterest income | 2,890,000 | 5,667,000 | 8,298,000 | 11,426,000 |
| Noninterest expense | 9,874,000 | 19,205,000 | 29,101,000 | 38,293,000 |
| Provision for loan losses | 1,480,000 | 1,412,000 | 870,000 | 1,918,000 |
| Pretax income | 17,763,000 | 35,945,000 | 55,602,000 | 75,698,000 |
| Income tax | 4,571,000 | 9,396,000 | 14,557,000 | 19,750,000 |
| Net income | 13,192,000 | 26,549,000 | 41,045,000 | 55,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 268,382,000 | 266,954,000 | 271,633,000 | 286,808,000 |
| Total capital | 292,772,000 | 291,252,000 | 294,534,000 | 310,037,000 |
| Risk-weighted assets | 2,374,490,000 | 2,413,857,000 | 2,521,154,000 | 2,706,555,000 |