Call reports 2013
VERMILION VALLEY BANK — 2013
What VERMILION VALLEY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 120,617,000 | 122,256,000 | 126,728,000 | 134,852,000 |
| Total loans | 64,932,000 | 67,122,000 | 71,559,000 | 79,447,000 |
| Allowance for loan losses | 760,000 | 780,000 | 816,000 | 822,000 |
| Securities available for sale | 46,409,000 | 48,049,000 | 49,571,000 | 46,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,391,000 | 104,788,000 | 100,935,000 | 104,788,000 |
| Interest-bearing deposits | 87,981,000 | 87,559,000 | 84,836,000 | 84,469,000 |
| Noninterest-bearing deposits | 17,410,000 | 17,229,000 | 16,099,000 | 20,319,000 |
| Equity capital | 15,009,000 | 14,441,000 | 14,603,000 | 14,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,064,000 | 2,130,000 | 3,209,000 | 4,323,000 |
| Interest expense | 89,000 | 183,000 | 264,000 | 350,000 |
| Net interest income | 975,000 | 1,947,000 | 2,945,000 | 3,973,000 |
| Noninterest income | 90,000 | 136,000 | 206,000 | 277,000 |
| Noninterest expense | 466,000 | 820,000 | 1,304,000 | 1,840,000 |
| Provision for loan losses | 36,000 | 72,000 | 108,000 | 144,000 |
| Pretax income | 563,000 | 1,191,000 | 1,739,000 | 2,266,000 |
| Income tax | 11,000 | 14,000 | 17,000 | 20,000 |
| Net income | 552,000 | 1,177,000 | 1,722,000 | 2,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,537,000 | 13,683,000 | 13,988,000 | 14,265,000 |
| Total capital | 14,228,000 | 14,346,000 | 14,654,000 | 14,938,000 |
| Risk-weighted assets | 71,901,000 | 74,106,000 | 78,798,000 | 86,480,000 |