Call reports 2023
VERMILLION STATE BANK — 2023
What VERMILLION STATE 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 | 808,383,000 | 788,388,000 | 804,550,000 | 838,618,000 |
| Total loans | 346,402,000 | 358,914,000 | 364,642,000 | 375,786,000 |
| Allowance for loan losses | 3,904,000 | 3,994,000 | 4,252,000 | 6,295,000 |
| Securities available for sale | 368,576,000 | 371,494,000 | 389,249,000 | 374,878,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 719,093,000 | 698,353,000 | 710,004,000 | 735,104,000 |
| Interest-bearing deposits | 448,858,000 | 448,262,000 | 449,334,000 | 493,066,000 |
| Noninterest-bearing deposits | 270,235,000 | 250,091,000 | 260,670,000 | 242,038,000 |
| Equity capital | 87,851,000 | 87,890,000 | 91,749,000 | 100,512,000 |
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 | 7,189,000 | 15,154,000 | 23,444,000 | 32,795,000 |
| Interest expense | 2,375,000 | 5,398,000 | 8,830,000 | 12,814,000 |
| Net interest income | 4,814,000 | 9,756,000 | 14,614,000 | 19,981,000 |
| Noninterest income | 350,000 | 715,000 | 1,137,000 | 1,497,000 |
| Noninterest expense | 1,682,000 | 3,399,000 | 5,114,000 | 7,671,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,419,000 | 7,009,000 | 10,574,000 | 9,704,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,419,000 | 7,009,000 | 10,574,000 | 9,704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,496,000 | 105,950,000 | 108,453,000 | 107,409,000 |