Call reports 2020
MEREDITH VILLAGE SAVINGS BANK — 2020
What MEREDITH VILLAGE SAVINGS BANK 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 | 1,029,226,000 | 1,119,700,000 | 1,148,785,000 | 1,137,027,000 |
| Total loans | 904,197,000 | 974,522,000 | 991,752,000 | 1,007,368,000 |
| Allowance for loan losses | 7,368,000 | 7,743,000 | 8,087,000 | 9,699,000 |
| Securities available for sale | 57,760,000 | 60,697,000 | 63,555,000 | 72,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 763,076,000 | 916,443,000 | 965,871,000 | 975,781,000 |
| Interest-bearing deposits | 718,351,000 | 878,022,000 | 786,523,000 | 824,979,000 |
| Noninterest-bearing deposits | 44,725,000 | 38,421,000 | 179,348,000 | 150,802,000 |
| Equity capital | 114,055,000 | 116,517,000 | 119,049,000 | 120,573,000 |
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 | 10,432,000 | 21,064,000 | 31,933,000 | 43,169,000 |
| Interest expense | 1,702,000 | 3,033,000 | 4,275,000 | 5,222,000 |
| Net interest income | 8,730,000 | 18,031,000 | 27,658,000 | 37,947,000 |
| Noninterest income | 988,000 | 2,302,000 | 4,262,000 | 5,891,000 |
| Noninterest expense | 7,524,000 | 14,634,000 | 22,448,000 | 31,005,000 |
| Provision for loan losses | 717,000 | 1,117,000 | 1,472,000 | 3,090,000 |
| Pretax income | 1,485,000 | 4,627,000 | 8,494,000 | 10,352,000 |
| Income tax | 331,000 | 1,033,000 | 1,983,000 | 2,389,000 |
| Net income | 1,154,000 | 3,594,000 | 6,511,000 | 7,963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,070,000 | 115,477,000 | 118,366,000 | 119,785,000 |
| Total capital | 120,673,000 | 123,455,000 | 126,688,000 | 129,478,000 |
| Risk-weighted assets | 688,310,000 | 715,370,000 | 733,956,000 | 775,171,000 |