Call reports 2003
VILLAGE BANK, THE — 2003
What VILLAGE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 75,107,000 | 80,470,000 | 88,298,000 | 99,409,000 |
| Total loans | 60,767,000 | 64,029,000 | 64,637,000 | 65,085,000 |
| Allowance for loan losses | 784,000 | 846,000 | 840,000 | 834,000 |
| Securities available for sale | 5,527,000 | 5,253,000 | 8,212,000 | 8,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,483,000 | 71,327,000 | 77,889,000 | 86,355,000 |
| Interest-bearing deposits | 50,552,000 | 55,817,000 | 59,674,000 | 67,231,000 |
| Noninterest-bearing deposits | 15,931,000 | 15,510,000 | 18,215,000 | 19,124,000 |
| Equity capital | 6,677,000 | 6,981,000 | 7,299,000 | 7,475,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,312,000 | 2,704,000 | 4,118,000 | 5,501,000 |
| Interest expense | 286,000 | 566,000 | 875,000 | 1,209,000 |
| Net interest income | 1,026,000 | 2,138,000 | 3,243,000 | 4,292,000 |
| Noninterest income | 122,000 | 227,000 | 343,000 | 461,000 |
| Noninterest expense | 591,000 | 1,261,000 | 2,036,000 | 2,916,000 |
| Provision for loan losses | 80,000 | 150,000 | 150,000 | 191,000 |
| Pretax income | 477,000 | 954,000 | 1,400,000 | 1,646,000 |
| Income tax | 201,000 | 387,000 | 501,000 | 639,000 |
| Net income | 276,000 | 567,000 | 899,000 | 1,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,595,000 | 6,885,000 | 7,218,000 | 7,326,000 |
| Total capital | 7,379,000 | 7,731,000 | 8,058,000 | 8,160,000 |
| Risk-weighted assets | 66,430,000 | 70,002,000 | 73,686,000 | 74,592,000 |