Call reports 2001
VILLAGE BANK, THE — 2001
What VILLAGE BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 44,507,000 | 48,525,000 | 54,570,000 | 57,001,000 |
| Total loans | 32,972,000 | 33,400,000 | 34,519,000 | 39,392,000 |
| Allowance for loan losses | 411,000 | 410,000 | 416,000 | 475,000 |
| Securities available for sale | 1,403,000 | 1,873,000 | 2,263,000 | 4,231,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,404,000 | 41,475,000 | 46,684,000 | 49,742,000 |
| Interest-bearing deposits | 27,816,000 | 31,963,000 | 34,669,000 | 37,616,000 |
| Noninterest-bearing deposits | 9,588,000 | 9,512,000 | 12,015,000 | 12,126,000 |
| Equity capital | 5,460,000 | 5,550,000 | 5,691,000 | 5,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 985,000 | 1,941,000 | 2,942,000 | 3,935,000 |
| Interest expense | 358,000 | 699,000 | 1,074,000 | 1,420,000 |
| Net interest income | 627,000 | 1,242,000 | 1,868,000 | 2,515,000 |
| Noninterest income | 79,000 | 157,000 | 238,000 | 332,000 |
| Noninterest expense | 471,000 | 948,000 | 1,439,000 | 2,002,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 150,000 |
| Pretax income | 205,000 | 391,000 | 577,000 | 718,000 |
| Income tax | 32,000 | 124,000 | 193,000 | 228,000 |
| Net income | 173,000 | 267,000 | 384,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,436,000 | 5,530,000 | 5,647,000 | 5,752,000 |
| Total capital | 5,847,000 | 5,940,000 | 6,063,000 | 6,227,000 |
| Risk-weighted assets | 35,610,000 | 38,224,000 | 45,960,000 | 45,162,000 |