Call reports 2002
VILLAGE BANK, THE — 2002
What VILLAGE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 61,524,000 | 64,642,000 | 69,865,000 | 69,814,000 |
| Total loans | 43,410,000 | 48,077,000 | 50,904,000 | 55,511,000 |
| Allowance for loan losses | 502,000 | 557,000 | 612,000 | 707,000 |
| Securities available for sale | 4,364,000 | 4,430,000 | 4,441,000 | 5,760,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,777,000 | 56,777,000 | 61,199,000 | 61,652,000 |
| Interest-bearing deposits | 40,955,000 | 43,204,000 | 48,033,000 | 47,525,000 |
| Noninterest-bearing deposits | 12,822,000 | 13,573,000 | 13,166,000 | 14,127,000 |
| Equity capital | 5,771,000 | 5,986,000 | 6,231,000 | 6,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 972,000 | 2,033,000 | 3,199,000 | 4,442,000 |
| Interest expense | 298,000 | 619,000 | 957,000 | 1,271,000 |
| Net interest income | 674,000 | 1,414,000 | 2,242,000 | 3,171,000 |
| Noninterest income | 87,000 | 176,000 | 277,000 | 362,000 |
| Noninterest expense | 573,000 | 1,119,000 | 1,699,000 | 2,322,000 |
| Provision for loan losses | 30,000 | 90,000 | 150,000 | 250,000 |
| Pretax income | 158,000 | 381,000 | 670,000 | 961,000 |
| Income tax | 21,000 | 134,000 | 248,000 | 330,000 |
| Net income | 137,000 | 247,000 | 422,000 | 631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,824,000 | 5,934,000 | 6,109,000 | 6,319,000 |
| Total capital | 6,326,000 | 6,491,000 | 6,721,000 | 7,026,000 |
| Risk-weighted assets | 48,368,000 | 53,569,000 | 57,849,000 | 60,708,000 |