Call reports 2020
FIRST STATE BANK OF MIDDLEBURY — 2020
What FIRST STATE BANK OF MIDDLEBURY 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 | 598,750,000 | 674,583,000 | 671,019,000 | 680,962,000 |
| Total loans | 463,862,000 | 515,420,000 | 501,476,000 | 468,352,000 |
| Allowance for loan losses | 5,704,000 | 6,134,000 | 5,921,000 | 6,169,000 |
| Securities available for sale | 101,946,000 | 107,688,000 | 115,718,000 | 124,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,459,000 | 516,615,000 | 509,325,000 | 529,679,000 |
| Interest-bearing deposits | 376,075,000 | 382,480,000 | 376,401,000 | 394,554,000 |
| Noninterest-bearing deposits | 93,384,000 | 134,135,000 | 132,924,000 | 135,125,000 |
| Equity capital | 69,150,000 | 76,170,000 | 78,900,000 | 81,491,000 |
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 | 6,830,000 | 13,708,000 | 21,166,000 | 28,258,000 |
| Interest expense | 1,032,000 | 1,920,000 | 2,687,000 | 3,376,000 |
| Net interest income | 5,798,000 | 11,788,000 | 18,479,000 | 24,882,000 |
| Noninterest income | 1,123,000 | 2,649,000 | 4,378,000 | 6,162,000 |
| Noninterest expense | 4,647,000 | 9,002,000 | 13,411,000 | 17,930,000 |
| Provision for loan losses | 81,000 | 530,000 | 982,000 | 1,287,000 |
| Pretax income | 2,511,000 | 5,482,000 | 9,085,000 | 12,606,000 |
| Income tax | 400,000 | 894,000 | 1,538,000 | 2,102,000 |
| Net income | 2,111,000 | 4,588,000 | 7,547,000 | 10,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,399,000 | 71,426,000 | 73,936,000 | 75,892,000 |
| Total capital | 75,061,000 | 77,560,000 | 79,641,000 | 81,585,000 |
| Risk-weighted assets | 452,950,000 | 504,574,000 | 456,217,000 | 454,977,000 |