Call reports 2018
FIRST STATE BANK OF MIDDLEBURY — 2018
What FIRST STATE BANK OF MIDDLEBURY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 528,173,000 | 537,938,000 | 543,324,000 | 564,490,000 |
| Total loans | 391,375,000 | 403,779,000 | 411,337,000 | 423,879,000 |
| Allowance for loan losses | 4,581,000 | 4,696,000 | 5,082,000 | 5,687,000 |
| Securities available for sale | 96,090,000 | 97,688,000 | 99,530,000 | 102,119,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 442,358,000 | 440,381,000 | 449,348,000 | 468,055,000 |
| Interest-bearing deposits | 354,551,000 | 356,843,000 | 360,876,000 | 372,687,000 |
| Noninterest-bearing deposits | 87,807,000 | 83,538,000 | 88,472,000 | 95,368,000 |
| Equity capital | 55,305,000 | 56,848,000 | 57,633,000 | 60,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 5,802,000 | 11,947,000 | 18,280,000 | 24,868,000 |
| Interest expense | 540,000 | 1,190,000 | 1,928,000 | 2,726,000 |
| Net interest income | 5,262,000 | 10,757,000 | 16,352,000 | 22,142,000 |
| Noninterest income | 929,000 | 2,039,000 | 3,261,000 | 4,472,000 |
| Noninterest expense | 4,198,000 | 8,307,000 | 12,616,000 | 16,721,000 |
| Provision for loan losses | 6,000 | 118,000 | 561,000 | 1,167,000 |
| Pretax income | 2,243,000 | 4,757,000 | 6,931,000 | 9,229,000 |
| Income tax | 340,000 | 729,000 | 1,052,000 | 1,393,000 |
| Net income | 1,903,000 | 4,028,000 | 5,879,000 | 7,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,025,000 | 57,801,000 | 59,302,000 | 60,909,000 |
| Total capital | 60,606,000 | 62,497,000 | 64,355,000 | 66,108,000 |
| Risk-weighted assets | 396,418,000 | 415,002,000 | 404,288,000 | 415,474,000 |