Call reports 2020
MT. VICTORY STATE BANK — 2020
What MT. VICTORY STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 19,814,000 | 19,181,000 | 20,177,000 | 21,887,000 |
| Total loans | 7,776,000 | 8,140,000 | 8,273,000 | 8,657,000 |
| Allowance for loan losses | 104,000 | 114,000 | 115,000 | 119,000 |
| Securities available for sale | 3,079,000 | 2,987,000 | 2,773,000 | 3,150,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,705,000 | 17,036,000 | 18,024,000 | 19,788,000 |
| Interest-bearing deposits | 12,553,000 | 11,687,000 | 11,862,000 | 12,595,000 |
| Noninterest-bearing deposits | 5,152,000 | 5,349,000 | 6,162,000 | 7,193,000 |
| Equity capital | 2,083,000 | 2,112,000 | 2,117,000 | 2,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 176,000 | 333,000 | 486,000 | 636,000 |
| Interest expense | 21,000 | 41,000 | 58,000 | 75,000 |
| Net interest income | 155,000 | 292,000 | 428,000 | 561,000 |
| Noninterest income | 11,000 | 28,000 | 38,000 | 50,000 |
| Noninterest expense | 125,000 | 245,000 | 375,000 | 533,000 |
| Provision for loan losses | 3,000 | 11,000 | 12,000 | 16,000 |
| Pretax income | 38,000 | 64,000 | 79,000 | 62,000 |
| Income tax | 5,000 | 8,000 | 12,000 | 9,000 |
| Net income | 33,000 | 56,000 | 67,000 | 53,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,026,000 | 2,044,000 | 2,055,000 | 2,019,000 |