Call reports 2003
VILLAGE BANK, THE — 2003
What VILLAGE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 314,664,000 | 319,655,000 | 457,768,000 | 455,540,000 |
| Total loans | 191,587,000 | 191,850,000 | 296,293,000 | 300,670,000 |
| Allowance for loan losses | 1,496,000 | 1,560,000 | 2,412,000 | 2,491,000 |
| Securities available for sale | 11,233,000 | 4,705,000 | 12,708,000 | 9,034,000 |
| Securities held to maturity | 49,970,000 | 61,668,000 | 89,837,000 | 96,104,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,282,000 | 292,284,000 | 408,101,000 | 406,062,000 |
| Interest-bearing deposits | 265,474,000 | 269,293,000 | 378,647,000 | 375,596,000 |
| Noninterest-bearing deposits | 22,808,000 | 22,991,000 | 29,454,000 | 30,466,000 |
| Equity capital | 25,199,000 | 26,196,000 | 48,021,000 | 48,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,840,000 | 7,383,000 | 16,653,000 | 21,942,000 |
| Interest expense | 1,232,000 | 2,341,000 | 4,377,000 | 5,682,000 |
| Net interest income | 2,608,000 | 5,042,000 | 12,276,000 | 16,260,000 |
| Noninterest income | 308,000 | 590,000 | 1,142,000 | 1,429,000 |
| Noninterest expense | 1,719,000 | 3,347,000 | 7,185,000 | 9,840,000 |
| Provision for loan losses | 64,000 | 128,000 | 326,000 | 435,000 |
| Pretax income | 1,139,000 | 2,163,000 | 5,913,000 | 7,420,000 |
| Income tax | 1,210,000 | 1,237,000 | 2,782,000 | 3,386,000 |
| Net income | -71,000 | 926,000 | 3,131,000 | 4,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,199,000 | 26,196,000 | 48,021,000 | 48,911,000 |
| Total capital | 26,695,000 | 27,756,000 | 50,433,000 | 51,402,000 |
| Risk-weighted assets | 176,994,000 | 174,636,000 | 270,631,000 | 273,726,000 |