Call reports 2017
FIRST STATE BANK OF MIDDLEBURY — 2017
What FIRST STATE BANK OF MIDDLEBURY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 517,549,000 | 520,642,000 | 556,241,000 | 537,740,000 |
| Total loans | 380,026,000 | 385,131,000 | 398,579,000 | 392,846,000 |
| Allowance for loan losses | 4,490,000 | 4,423,000 | 4,289,000 | 4,414,000 |
| Securities available for sale | 94,236,000 | 97,195,000 | 98,092,000 | 98,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 436,647,000 | 436,341,000 | 469,326,000 | 450,718,000 |
| Interest-bearing deposits | 358,022,000 | 353,632,000 | 381,482,000 | 360,317,000 |
| Noninterest-bearing deposits | 78,625,000 | 82,709,000 | 87,844,000 | 90,401,000 |
| Equity capital | 50,996,000 | 53,475,000 | 54,585,000 | 55,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,295,000 | 10,884,000 | 16,724,000 | 22,623,000 |
| Interest expense | 511,000 | 1,024,000 | 1,564,000 | 2,116,000 |
| Net interest income | 4,784,000 | 9,860,000 | 15,160,000 | 20,507,000 |
| Noninterest income | 1,012,000 | 2,098,000 | 3,168,000 | 4,324,000 |
| Noninterest expense | 3,922,000 | 7,869,000 | 11,940,000 | 16,048,000 |
| Provision for loan losses | 197,000 | 397,000 | 714,000 | 852,000 |
| Pretax income | 1,760,000 | 3,872,000 | 5,941,000 | 8,289,000 |
| Income tax | 387,000 | 896,000 | 1,389,000 | 2,220,000 |
| Net income | 1,373,000 | 2,976,000 | 4,552,000 | 6,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,813,000 | 52,116,000 | 53,392,000 | 54,609,000 |
| Total capital | 55,303,000 | 56,539,000 | 57,681,000 | 59,023,000 |
| Risk-weighted assets | 396,271,000 | 402,173,000 | 407,638,000 | 402,742,000 |