Call reports 2021
MEREDITH VILLAGE SAVINGS BANK — 2021
What MEREDITH VILLAGE SAVINGS BANK 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 | 1,180,997,000 | 1,220,581,000 | 1,237,420,000 | 1,287,088,000 |
| Total loans | 1,044,200,000 | 1,063,674,000 | 1,083,050,000 | 1,131,291,000 |
| Allowance for loan losses | 9,928,000 | 10,238,000 | 10,608,000 | 11,128,000 |
| Securities available for sale | 71,762,000 | 76,193,000 | 80,342,000 | 83,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,020,500,000 | 1,060,444,000 | 1,069,720,000 | 1,109,423,000 |
| Interest-bearing deposits | 853,105,000 | 870,705,000 | 884,029,000 | 917,572,000 |
| Noninterest-bearing deposits | 167,395,000 | 189,739,000 | 185,691,000 | 191,851,000 |
| Equity capital | 121,312,000 | 124,223,000 | 126,450,000 | 128,355,000 |
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 | 10,760,000 | 21,751,000 | 33,031,000 | 44,509,000 |
| Interest expense | 699,000 | 1,146,000 | 1,459,000 | 1,746,000 |
| Net interest income | 10,061,000 | 20,605,000 | 31,572,000 | 42,763,000 |
| Noninterest income | 1,013,000 | 2,205,000 | 3,368,000 | 4,687,000 |
| Noninterest expense | 7,527,000 | 15,626,000 | 23,917,000 | 32,818,000 |
| Provision for loan losses | 263,000 | 582,000 | 958,000 | 1,533,000 |
| Pretax income | 3,451,000 | 6,769,000 | 10,232,000 | 13,266,000 |
| Income tax | 838,000 | 1,660,000 | 2,512,000 | 3,239,000 |
| Net income | 2,613,000 | 5,109,000 | 7,720,000 | 10,027,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,360,000 | 124,673,000 | 127,284,000 | 129,546,000 |
| Total capital | 132,135,000 | 134,743,000 | 137,607,000 | 140,482,000 |
| Risk-weighted assets | 781,647,000 | 805,190,000 | 825,310,000 | 874,463,000 |