Call reports 2024
VERMILION VALLEY BANK — 2024
What VERMILION VALLEY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 176,236,000 | 173,486,000 | 175,091,000 | 178,170,000 |
| Total loans | 99,113,000 | 99,715,000 | 106,036,000 | 109,327,000 |
| Allowance for loan losses | 1,196,000 | 1,237,000 | 1,249,000 | 1,247,000 |
| Securities available for sale | 61,210,000 | 62,621,000 | 62,450,000 | 62,477,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,143,000 | 139,187,000 | 137,074,000 | 139,637,000 |
| Interest-bearing deposits | 111,571,000 | 112,049,000 | 111,825,000 | 113,343,000 |
| Noninterest-bearing deposits | 27,572,000 | 27,138,000 | 25,249,000 | 26,294,000 |
| Equity capital | 25,883,000 | 25,833,000 | 27,324,000 | 26,315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,796,000 | 3,627,000 | 5,470,000 | 7,347,000 |
| Interest expense | 476,000 | 998,000 | 1,541,000 | 2,089,000 |
| Net interest income | 1,320,000 | 2,629,000 | 3,929,000 | 5,258,000 |
| Noninterest income | 173,000 | 130,000 | 171,000 | 206,000 |
| Noninterest expense | 657,000 | 1,170,000 | 1,775,000 | 2,418,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 829,000 | 1,579,000 | 2,327,000 | 3,034,000 |
| Income tax | 77,000 | 122,000 | 167,000 | 222,000 |
| Net income | 752,000 | 1,457,000 | 2,160,000 | 2,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,623,000 | 29,036,000 | 29,447,000 | 29,808,000 |
| Total capital | 29,819,000 | 30,273,000 | 30,696,000 | 31,055,000 |
| Risk-weighted assets | 110,214,000 | 107,899,000 | 107,899,000 | 117,295,000 |