Call reports 2016
VILLAGE BANK, THE — 2016
What VILLAGE BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 931,388,000 | 969,285,000 | 990,378,000 | 1,006,398,000 |
| Total loans | 754,485,000 | 789,148,000 | 813,077,000 | 829,998,000 |
| Allowance for loan losses | 7,669,000 | 8,027,000 | 8,271,000 | 8,438,000 |
| Securities available for sale | 82,548,000 | 88,326,000 | 91,813,000 | 93,577,000 |
| Securities held to maturity | 50,441,000 | 44,813,000 | 42,161,000 | 38,878,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 816,394,000 | 810,006,000 | 833,736,000 | 859,478,000 |
| Interest-bearing deposits | 686,262,000 | 682,917,000 | 701,518,000 | 718,398,000 |
| Noninterest-bearing deposits | 130,131,000 | 127,089,000 | 132,217,000 | 141,079,000 |
| Equity capital | 104,730,000 | 107,010,000 | 109,192,000 | 110,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,433,000 | 17,254,000 | 26,816,000 | 36,195,000 |
| Interest expense | 1,165,000 | 2,396,000 | 3,692,000 | 5,011,000 |
| Net interest income | 7,268,000 | 14,858,000 | 23,124,000 | 31,184,000 |
| Noninterest income | 561,000 | 1,135,000 | 1,738,000 | 2,416,000 |
| Noninterest expense | 5,118,000 | 10,084,000 | 15,252,000 | 20,459,000 |
| Provision for loan losses | 235,000 | 590,000 | 835,000 | 1,005,000 |
| Pretax income | 2,476,000 | 5,258,000 | 8,714,000 | 12,104,000 |
| Income tax | 837,000 | 1,795,000 | 3,021,000 | 4,219,000 |
| Net income | 1,639,000 | 3,463,000 | 5,693,000 | 7,885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,521,000 | 106,095,000 | 108,333,000 | 111,403,000 |
| Total capital | 112,190,000 | 114,132,000 | 116,559,000 | 119,760,000 |
| Risk-weighted assets | 617,662,000 | 643,295,000 | 657,305,000 | 668,461,000 |