Call reports 2023
MEREDITH VILLAGE SAVINGS BANK — 2023
What MEREDITH VILLAGE SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,570,158,000 | 1,616,649,000 | 1,618,725,000 | 1,636,765,000 |
| Total loans | 1,410,571,000 | 1,450,822,000 | 1,465,429,000 | 1,480,488,000 |
| Allowance for loan losses | 13,300,000 | 13,743,000 | 14,155,000 | 14,261,000 |
| Securities available for sale | 91,562,000 | 88,492,000 | 82,343,000 | 86,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,147,694,000 | 1,185,191,000 | 1,198,681,000 | 1,188,350,000 |
| Interest-bearing deposits | 983,746,000 | 1,010,632,000 | 1,030,887,000 | 1,034,946,000 |
| Noninterest-bearing deposits | 163,948,000 | 174,559,000 | 167,794,000 | 153,404,000 |
| Equity capital | 131,076,000 | 131,745,000 | 130,715,000 | 136,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 15,586,000 | 32,034,000 | 49,425,000 | 67,491,000 |
| Interest expense | 4,237,000 | 10,098,000 | 16,464,000 | 23,748,000 |
| Net interest income | 11,349,000 | 21,936,000 | 32,961,000 | 43,743,000 |
| Noninterest income | 1,194,000 | 2,379,000 | 3,804,000 | 5,201,000 |
| Noninterest expense | 9,502,000 | 19,309,000 | 29,121,000 | 37,519,000 |
| Provision for loan losses | 377,000 | 905,000 | 1,402,000 | 1,900,000 |
| Pretax income | 2,627,000 | 4,044,000 | 6,180,000 | 9,473,000 |
| Income tax | 640,000 | 954,000 | 1,457,000 | 2,241,000 |
| Net income | 1,987,000 | 3,090,000 | 4,723,000 | 7,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,325,000 | 143,394,000 | 144,992,000 | 147,472,000 |
| Total capital | 155,937,000 | 157,477,000 | 159,417,000 | 161,750,000 |
| Risk-weighted assets | 1,132,129,000 | 1,151,546,000 | 1,153,897,000 | 1,141,907,000 |