Call reports 2020
VICTOR STATE BANK — 2020
What VICTOR STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Total assets | 33,236,000 | 42,581,000 |
| Total loans | 12,142,000 | 13,989,000 |
| Allowance for loan losses | 219,000 | 249,000 |
| Securities available for sale | 17,620,000 | 19,491,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 25,460,000 | 29,582,000 |
| Interest-bearing deposits | 19,238,000 | 20,948,000 |
| Noninterest-bearing deposits | 6,222,000 | 8,634,000 |
| Equity capital | 6,415,000 | 7,256,000 |
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 |
|---|---|---|
| Interest income | 330,000 | 610,000 |
| Interest expense | 57,000 | 120,000 |
| Net interest income | 273,000 | 490,000 |
| Noninterest income | 18,000 | 94,000 |
| Noninterest expense | 160,000 | 316,000 |
| Provision for loan losses | 30,000 | 60,000 |
| Pretax income | 101,000 | 215,000 |
| Income tax | 38,000 | 60,000 |
| Net income | 63,000 | 155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Tier 1 capital | 4,359,000 | 4,521,000 |