Call reports 2020
VERMILION BANK & TRUST COMPANY — 2020
What VERMILION BANK & TRUST COMPANY 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 | 116,586,000 | 126,266,000 | 133,642,000 | 158,244,000 |
| Total loans | 66,938,000 | 69,287,000 | 67,580,000 | 68,563,000 |
| Allowance for loan losses | 1,308,000 | 1,371,000 | 1,488,000 | 1,612,000 |
| Securities available for sale | 23,000,000 | 20,753,000 | 21,628,000 | 26,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,635,000 | 111,633,000 | 118,820,000 | 144,313,000 |
| Interest-bearing deposits | 79,265,000 | 84,453,000 | 90,260,000 | 114,394,000 |
| Noninterest-bearing deposits | 23,370,000 | 27,180,000 | 28,560,000 | 29,919,000 |
| Equity capital | 12,569,000 | 13,076,000 | 13,111,000 | 12,845,000 |
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 | 1,232,000 | 2,518,000 | 3,662,000 | 4,772,000 |
| Interest expense | 103,000 | 198,000 | 287,000 | 367,000 |
| Net interest income | 1,129,000 | 2,320,000 | 3,375,000 | 4,405,000 |
| Noninterest income | 213,000 | 491,000 | 743,000 | 977,000 |
| Noninterest expense | 853,000 | 1,670,000 | 2,526,000 | 3,359,000 |
| Provision for loan losses | 65,000 | 140,000 | 260,000 | 355,000 |
| Pretax income | 424,000 | 1,001,000 | 1,332,000 | 1,668,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 424,000 | 1,001,000 | 1,332,000 | 1,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,290,000 | 12,629,000 | 12,722,000 | 12,480,000 |
| Total capital | 13,183,000 | 13,570,000 | 13,665,000 | 13,470,000 |
| Risk-weighted assets | 71,033,000 | 74,859,000 | 74,952,000 | 78,603,000 |