Call reports 2025
FIRST STATE BANK OF MIDDLEBURY — 2025
What FIRST STATE BANK OF MIDDLEBURY reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 800,503,000 | 811,252,000 | 816,971,000 | 813,084,000 |
| Total loans | 622,188,000 | 636,046,000 | 638,660,000 | 642,962,000 |
| Allowance for loan losses | 7,715,000 | 7,943,000 | 7,968,000 | 10,658,000 |
| Securities available for sale | 127,297,000 | 125,269,000 | 127,231,000 | 127,938,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 654,884,000 | 671,994,000 | 659,870,000 | 653,964,000 |
| Interest-bearing deposits | 524,330,000 | 540,888,000 | 527,592,000 | 522,382,000 |
| Noninterest-bearing deposits | 130,554,000 | 131,106,000 | 132,278,000 | 131,582,000 |
| Equity capital | 83,681,000 | 85,678,000 | 91,710,000 | 93,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 10,791,000 | 22,278,000 | 33,921,000 | 45,608,000 |
| Interest expense | 3,470,000 | 6,884,000 | 10,423,000 | 13,675,000 |
| Net interest income | 7,321,000 | 15,394,000 | 23,498,000 | 31,933,000 |
| Noninterest income | 1,130,000 | 2,380,000 | 3,743,000 | 4,956,000 |
| Noninterest expense | 5,127,000 | 10,256,000 | 15,661,000 | 21,029,000 |
| Provision for loan losses | 122,000 | 344,000 | 373,000 | 3,072,000 |
| Pretax income | 3,177,000 | 6,816,000 | 10,848,000 | 12,436,000 |
| Income tax | 530,000 | 1,146,000 | 1,847,000 | 1,971,000 |
| Net income | 2,647,000 | 5,670,000 | 9,001,000 | 10,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,431,000 | 105,804,000 | 108,485,000 | 108,849,000 |
| Total capital | 111,327,000 | 113,909,000 | 116,613,000 | 117,207,000 |
| Risk-weighted assets | 646,989,000 | 659,517,000 | 661,334,000 | 666,248,000 |