Call reports 2007
VERMILION VALLEY BANK — 2007
What VERMILION VALLEY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 89,295,000 | 84,772,000 | 86,650,000 | 91,195,000 |
| Total loans | 60,039,000 | 58,439,000 | 58,241,000 | 59,637,000 |
| Allowance for loan losses | 849,000 | 850,000 | 886,000 | 928,000 |
| Securities available for sale | 24,486,000 | 21,532,000 | 22,758,000 | 24,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,122,000 | 73,812,000 | 75,462,000 | 79,749,000 |
| Interest-bearing deposits | 60,195,000 | 60,677,000 | 62,302,000 | 63,003,000 |
| Noninterest-bearing deposits | 12,927,000 | 13,135,000 | 13,160,000 | 16,746,000 |
| Equity capital | 8,908,000 | 9,204,000 | 9,231,000 | 9,565,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,304,000 | 2,638,000 | 3,908,000 | 5,296,000 |
| Interest expense | 616,000 | 1,240,000 | 1,831,000 | 2,439,000 |
| Net interest income | 688,000 | 1,398,000 | 2,077,000 | 2,857,000 |
| Noninterest income | 84,000 | 156,000 | 218,000 | 262,000 |
| Noninterest expense | 436,000 | 842,000 | 1,299,000 | 1,728,000 |
| Provision for loan losses | 15,000 | 30,000 | 65,000 | 110,000 |
| Pretax income | 321,000 | 682,000 | 931,000 | 1,281,000 |
| Income tax | -94,000 | -90,000 | -87,000 | -83,000 |
| Net income | 415,000 | 772,000 | 1,018,000 | 1,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,184,000 | 8,280,000 | 8,380,000 | 8,629,000 |
| Total capital | 8,927,000 | 9,024,000 | 9,136,000 | 9,417,000 |
| Risk-weighted assets | 62,570,000 | 59,975,000 | 60,373,000 | 62,868,000 |