Call reports 2022
VERMILION VALLEY BANK — 2022
What VERMILION VALLEY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 170,389,000 | 167,418,000 | 165,187,000 | 173,918,000 |
| Total loans | 77,160,000 | 79,639,000 | 85,051,000 | 90,340,000 |
| Allowance for loan losses | 1,201,000 | 1,207,000 | 1,213,000 | 1,221,000 |
| Securities available for sale | 59,635,000 | 63,478,000 | 63,912,000 | 67,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,030,000 | 145,477,000 | 139,082,000 | 142,960,000 |
| Interest-bearing deposits | 115,960,000 | 116,245,000 | 112,797,000 | 109,668,000 |
| Noninterest-bearing deposits | 31,070,000 | 29,232,000 | 26,285,000 | 33,292,000 |
| Equity capital | 23,191,000 | 21,800,000 | 20,467,000 | 22,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,094,000 | 2,269,000 | 3,584,000 | 5,025,000 |
| Interest expense | 116,000 | 234,000 | 323,000 | 483,000 |
| Net interest income | 978,000 | 2,035,000 | 3,261,000 | 4,542,000 |
| Noninterest income | 73,000 | 113,000 | 159,000 | 205,000 |
| Noninterest expense | 501,000 | 998,000 | 1,511,000 | 2,094,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 532,000 | 1,113,000 | 1,857,000 | 2,602,000 |
| Income tax | 160,000 | 203,000 | 246,000 | 290,000 |
| Net income | 372,000 | 910,000 | 1,611,000 | 2,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,284,000 | 25,292,000 | 25,728,000 | 26,161,000 |
| Total capital | 26,485,000 | 26,405,000 | 26,843,000 | 27,382,000 |
| Risk-weighted assets | 96,986,000 | 89,012,000 | 89,008,000 | 100,995,000 |