Call reports 2020
VERMILION VALLEY BANK — 2020
What VERMILION VALLEY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 136,219,000 | 144,505,000 | 147,105,000 | 147,296,000 |
| Total loans | 95,925,000 | 100,284,000 | 101,361,000 | 98,161,000 |
| Allowance for loan losses | 1,173,000 | 1,183,000 | 1,180,000 | 1,176,000 |
| Securities available for sale | 30,134,000 | 33,728,000 | 36,060,000 | 34,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,817,000 | 116,469,000 | 118,558,000 | 122,403,000 |
| Interest-bearing deposits | 93,692,000 | 94,752,000 | 96,818,000 | 97,774,000 |
| Noninterest-bearing deposits | 19,125,000 | 21,717,000 | 21,740,000 | 24,629,000 |
| Equity capital | 23,117,000 | 23,742,000 | 24,266,000 | 24,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,302,000 | 2,690,000 | 4,018,000 | 5,313,000 |
| Interest expense | 241,000 | 469,000 | 729,000 | 868,000 |
| Net interest income | 1,061,000 | 2,221,000 | 3,289,000 | 4,445,000 |
| Noninterest income | 85,000 | 112,000 | 144,000 | 182,000 |
| Noninterest expense | 483,000 | 951,000 | 1,378,000 | 1,987,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 655,000 | 1,235,000 | 1,901,000 | 2,479,000 |
| Income tax | 11,000 | 22,000 | 32,000 | 43,000 |
| Net income | 644,000 | 1,213,000 | 1,869,000 | 2,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,322,000 | 22,628,000 | 23,021,000 | 23,325,000 |
| Total capital | 23,495,000 | 23,811,000 | 24,201,000 | 24,501,000 |
| Risk-weighted assets | 94,628,000 | 100,792,000 | 100,792,000 | 100,659,000 |