Call reports 2008
VERMILLION STATE BANK — 2008
What VERMILLION STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 396,475,000 | 415,287,000 | 407,809,000 | 414,897,000 |
| Total loans | 288,060,000 | 293,375,000 | 294,561,000 | 290,768,000 |
| Allowance for loan losses | 3,438,000 | 3,344,000 | 3,333,000 | 3,436,000 |
| Securities available for sale | 41,478,000 | 57,144,000 | 66,168,000 | 76,489,000 |
| Securities held to maturity | 30,422,000 | 26,196,000 | 26,118,000 | 24,967,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,502,000 | 356,107,000 | 347,309,000 | 352,400,000 |
| Interest-bearing deposits | 300,023,000 | 316,635,000 | 321,544,000 | 310,942,000 |
| Noninterest-bearing deposits | 37,479,000 | 39,472,000 | 25,765,000 | 41,458,000 |
| Equity capital | 45,194,000 | 45,036,000 | 46,674,000 | 48,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,354,000 | 12,504,000 | 18,709,000 | 24,825,000 |
| Interest expense | 2,607,000 | 5,086,000 | 7,520,000 | 9,738,000 |
| Net interest income | 3,747,000 | 7,418,000 | 11,189,000 | 15,087,000 |
| Noninterest income | 448,000 | 918,000 | 1,384,000 | 1,826,000 |
| Noninterest expense | 1,082,000 | 2,270,000 | 3,367,000 | 4,575,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 1,150,000 |
| Pretax income | 3,125,000 | 6,078,000 | 9,066,000 | 11,185,000 |
| Income tax | -16,000 | -16,000 | -16,000 | -16,000 |
| Net income | 3,141,000 | 6,094,000 | 9,082,000 | 11,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,107,000 | 45,262,000 | 46,801,000 | 48,919,000 |
| Total capital | 48,545,000 | 48,606,000 | 50,134,000 | 52,355,000 |
| Risk-weighted assets | 308,432,000 | 316,108,000 | 315,056,000 | 322,414,000 |