Call reports 2003
VERMILION VALLEY BANK — 2003
What VERMILION VALLEY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 81,740,000 | 83,293,000 | 85,944,000 | 85,074,000 |
| Total loans | 53,140,000 | 53,332,000 | 54,017,000 | 54,264,000 |
| Allowance for loan losses | 970,000 | 988,000 | 965,000 | 998,000 |
| Securities available for sale | 22,352,000 | 22,618,000 | 25,432,000 | 25,287,000 |
| Securities held to maturity | 525,000 | 525,000 | 524,000 | 438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,694,000 | 74,100,000 | 73,088,000 | 73,849,000 |
| Interest-bearing deposits | 61,950,000 | 62,045,000 | 61,596,000 | 61,611,000 |
| Noninterest-bearing deposits | 10,744,000 | 12,055,000 | 11,492,000 | 12,238,000 |
| Equity capital | 8,656,000 | 8,813,000 | 8,809,000 | 8,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,229,000 | 2,350,000 | 3,416,000 | 4,468,000 |
| Interest expense | 394,000 | 748,000 | 1,068,000 | 1,369,000 |
| Net interest income | 835,000 | 1,602,000 | 2,348,000 | 3,099,000 |
| Noninterest income | 65,000 | 110,000 | 155,000 | 209,000 |
| Noninterest expense | 384,000 | 757,000 | 1,164,000 | 1,607,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 180,000 |
| Pretax income | 449,000 | 819,000 | 1,135,000 | 1,469,000 |
| Income tax | 6,000 | 5,000 | 16,000 | 19,000 |
| Net income | 443,000 | 814,000 | 1,119,000 | 1,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,571,000 | 7,722,000 | 7,707,000 | 7,825,000 |
| Total capital | 8,265,000 | 8,423,000 | 8,421,000 | 8,544,000 |
| Risk-weighted assets | 55,429,000 | 55,795,000 | 56,842,000 | 57,268,000 |