Call reports 2021
VERMILION VALLEY BANK — 2021
What VERMILION VALLEY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 160,491,000 | 159,940,000 | 163,730,000 | 161,196,000 |
| Total loans | 90,312,000 | 86,536,000 | 87,992,000 | 90,078,000 |
| Allowance for loan losses | 1,186,000 | 1,242,000 | 1,243,000 | 1,204,000 |
| Securities available for sale | 38,005,000 | 48,428,000 | 48,247,000 | 50,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,068,000 | 134,479,000 | 133,218,000 | 135,436,000 |
| Interest-bearing deposits | 105,483,000 | 106,362,000 | 104,801,000 | 108,928,000 |
| Noninterest-bearing deposits | 29,585,000 | 28,117,000 | 28,417,000 | 26,508,000 |
| Equity capital | 25,209,000 | 25,246,000 | 25,508,000 | 25,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,419,000 | 2,778,000 | 3,996,000 | 5,191,000 |
| Interest expense | 182,000 | 339,000 | 480,000 | 608,000 |
| Net interest income | 1,237,000 | 2,439,000 | 3,516,000 | 4,583,000 |
| Noninterest income | 56,000 | 86,000 | 121,000 | 153,000 |
| Noninterest expense | 478,000 | 972,000 | 1,460,000 | 2,040,000 |
| Provision for loan losses | 8,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 801,000 | 1,530,000 | 2,153,000 | 2,668,000 |
| Income tax | 4,000 | 14,000 | 25,000 | 35,000 |
| Net income | 797,000 | 1,516,000 | 2,128,000 | 2,633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,133,000 | 24,325,000 | 24,665,000 | 24,907,000 |
| Total capital | 25,319,000 | 25,437,000 | 25,778,000 | 26,111,000 |
| Risk-weighted assets | 100,659,000 | 88,833,000 | 88,833,000 | 96,986,000 |