Call reports 2021
FIRST STATE BANK OF MIDDLEBURY — 2021
What FIRST STATE BANK OF MIDDLEBURY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 713,692,000 | 709,063,000 | 733,203,000 | 759,108,000 |
| Total loans | 450,532,000 | 459,194,000 | 456,332,000 | 468,545,000 |
| Allowance for loan losses | 6,353,000 | 6,453,000 | 6,492,000 | 6,477,000 |
| Securities available for sale | 162,597,000 | 180,089,000 | 198,596,000 | 223,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 565,533,000 | 572,360,000 | 594,589,000 | 616,030,000 |
| Interest-bearing deposits | 414,291,000 | 422,705,000 | 436,358,000 | 460,592,000 |
| Noninterest-bearing deposits | 151,242,000 | 149,655,000 | 158,231,000 | 155,438,000 |
| Equity capital | 81,601,000 | 84,764,000 | 86,139,000 | 88,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,721,000 | 13,136,000 | 20,066,000 | 26,796,000 |
| Interest expense | 668,000 | 1,302,000 | 1,882,000 | 2,453,000 |
| Net interest income | 6,053,000 | 11,834,000 | 18,184,000 | 24,343,000 |
| Noninterest income | 1,462,000 | 3,340,000 | 4,796,000 | 7,172,000 |
| Noninterest expense | 4,608,000 | 9,348,000 | 14,295,000 | 19,360,000 |
| Provision for loan losses | 153,000 | 222,000 | 227,000 | 233,000 |
| Pretax income | 2,949,000 | 5,922,000 | 9,000,000 | 12,548,000 |
| Income tax | 468,000 | 906,000 | 1,370,000 | 1,759,000 |
| Net income | 2,481,000 | 5,016,000 | 7,630,000 | 10,789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,797,000 | 79,757,000 | 81,796,000 | 84,006,000 |
| Total capital | 83,512,000 | 85,742,000 | 88,058,000 | 90,483,000 |
| Risk-weighted assets | 456,623,000 | 478,388,000 | 500,752,000 | 530,337,000 |