Call reports 2008
VILLAGE BANK, THE — 2008
What VILLAGE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 617,756,000 | 626,030,000 | 625,487,000 | 623,093,000 |
| Total loans | 465,059,000 | 473,342,000 | 485,630,000 | 484,311,000 |
| Allowance for loan losses | 2,900,000 | 2,975,000 | 3,150,000 | 3,308,000 |
| Securities available for sale | 18,748,000 | 15,582,000 | 13,475,000 | 23,062,000 |
| Securities held to maturity | 86,559,000 | 91,084,000 | 82,067,000 | 73,768,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 493,798,000 | 479,614,000 | 480,844,000 | 483,190,000 |
| Interest-bearing deposits | 447,738,000 | 433,408,000 | 433,995,000 | 433,310,000 |
| Noninterest-bearing deposits | 46,060,000 | 46,206,000 | 46,848,000 | 49,880,000 |
| Equity capital | 66,436,000 | 67,768,000 | 69,218,000 | 70,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,667,000 | 17,126,000 | 25,833,000 | 34,350,000 |
| Interest expense | 4,225,000 | 7,741,000 | 10,992,000 | 13,972,000 |
| Net interest income | 4,442,000 | 9,385,000 | 14,841,000 | 20,378,000 |
| Noninterest income | 447,000 | 937,000 | 1,371,000 | 1,771,000 |
| Noninterest expense | 3,154,000 | 6,403,000 | 9,760,000 | 13,027,000 |
| Provision for loan losses | 75,000 | 150,000 | 325,000 | 700,000 |
| Pretax income | 1,660,000 | 3,769,000 | 6,127,000 | 8,422,000 |
| Income tax | 551,000 | 1,263,000 | 2,133,000 | 3,019,000 |
| Net income | 1,109,000 | 2,506,000 | 3,994,000 | 5,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,909,000 | 68,218,000 | 69,646,000 | 71,056,000 |
| Total capital | 69,809,000 | 71,193,000 | 72,796,000 | 74,364,000 |
| Risk-weighted assets | 384,740,000 | 389,332,000 | 393,925,000 | 397,177,000 |