Call reports 2019
FIRST STATE BANK OF MIDDLEBURY — 2019
What FIRST STATE BANK OF MIDDLEBURY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 566,983,000 | 586,559,000 | 594,196,000 | 593,315,000 |
| Total loans | 432,510,000 | 447,823,000 | 445,894,000 | 454,445,000 |
| Allowance for loan losses | 5,800,000 | 5,876,000 | 5,802,000 | 5,616,000 |
| Securities available for sale | 104,647,000 | 107,598,000 | 104,263,000 | 104,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,189,000 | 469,347,000 | 485,660,000 | 480,137,000 |
| Interest-bearing deposits | 382,411,000 | 380,768,000 | 385,197,000 | 382,883,000 |
| Noninterest-bearing deposits | 90,778,000 | 88,579,000 | 100,463,000 | 97,254,000 |
| Equity capital | 63,578,000 | 66,554,000 | 69,317,000 | 70,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 6,560,000 | 13,410,000 | 20,395,000 | 27,298,000 |
| Interest expense | 878,000 | 1,978,000 | 3,111,000 | 4,187,000 |
| Net interest income | 5,682,000 | 11,432,000 | 17,284,000 | 23,111,000 |
| Noninterest income | 923,000 | 2,006,000 | 3,196,000 | 4,156,000 |
| Noninterest expense | 4,456,000 | 8,816,000 | 13,161,000 | 17,716,000 |
| Provision for loan losses | 111,000 | 118,000 | 75,000 | 28,000 |
| Pretax income | 2,267,000 | 4,851,000 | 7,720,000 | 9,998,000 |
| Income tax | 346,000 | 756,000 | 1,227,000 | 1,568,000 |
| Net income | 1,921,000 | 4,095,000 | 6,493,000 | 8,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,430,000 | 64,203,000 | 66,202,000 | 67,738,000 |
| Total capital | 67,728,000 | 69,670,000 | 71,665,000 | 73,310,000 |
| Risk-weighted assets | 423,398,000 | 437,027,000 | 436,766,000 | 445,788,000 |