Call reports 2023
VERMILION VALLEY BANK — 2023
What VERMILION VALLEY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 169,493,000 | 171,907,000 | 169,456,000 | 180,583,000 |
| Total loans | 80,732,000 | 83,674,000 | 89,523,000 | 101,324,000 |
| Allowance for loan losses | 1,225,000 | 1,224,000 | 1,224,000 | 1,189,000 |
| Securities available for sale | 69,060,000 | 67,166,000 | 63,212,000 | 62,673,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,781,000 | 140,526,000 | 139,533,000 | 138,272,000 |
| Interest-bearing deposits | 115,181,000 | 111,369,000 | 111,818,000 | 110,597,000 |
| Noninterest-bearing deposits | 30,600,000 | 29,157,000 | 27,715,000 | 27,675,000 |
| Equity capital | 23,495,000 | 23,457,000 | 22,688,000 | 25,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,497,000 | 3,071,000 | 4,738,000 | 6,466,000 |
| Interest expense | 157,000 | 397,000 | 751,000 | 1,149,000 |
| Net interest income | 1,340,000 | 2,674,000 | 3,987,000 | 5,317,000 |
| Noninterest income | 89,000 | 140,000 | 349,000 | 428,000 |
| Noninterest expense | 540,000 | 1,093,000 | 1,866,000 | 2,482,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 893,000 | 1,724,000 | 2,484,000 | 3,268,000 |
| Income tax | 38,000 | 80,000 | 122,000 | 175,000 |
| Net income | 855,000 | 1,644,000 | 2,362,000 | 3,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,774,000 | 27,301,000 | 27,777,000 | 28,162,000 |
| Total capital | 27,999,000 | 28,469,000 | 28,943,000 | 29,351,000 |
| Risk-weighted assets | 100,995,000 | 93,261,000 | 93,260,000 | 110,214,000 |