Call reports 2020
VILLAGE BANK, THE — 2020
What VILLAGE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,353,479,000 | 1,424,147,000 | 1,455,159,000 | 1,527,478,000 |
| Total loans | 1,082,991,000 | 1,133,897,000 | 1,109,750,000 | 1,119,402,000 |
| Allowance for loan losses | 9,326,000 | 9,427,000 | 9,516,000 | 9,620,000 |
| Securities available for sale | 124,415,000 | 130,157,000 | 136,732,000 | 154,451,000 |
| Securities held to maturity | 41,349,000 | 39,117,000 | 38,934,000 | 35,846,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,204,613,000 | 1,271,214,000 | 1,300,110,000 | 1,368,985,000 |
| Interest-bearing deposits | 955,162,000 | 970,756,000 | 1,004,189,000 | 1,052,756,000 |
| Noninterest-bearing deposits | 249,450,000 | 300,458,000 | 295,921,000 | 316,229,000 |
| Equity capital | 143,361,000 | 146,027,000 | 148,597,000 | 151,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 13,687,000 | 26,240,000 | 38,934,000 | 51,686,000 |
| Interest expense | 3,713,000 | 7,125,000 | 10,056,000 | 12,640,000 |
| Net interest income | 9,974,000 | 19,115,000 | 28,878,000 | 39,046,000 |
| Noninterest income | 653,000 | 1,207,000 | 1,824,000 | 2,484,000 |
| Noninterest expense | 7,244,000 | 13,857,000 | 20,376,000 | 27,017,000 |
| Provision for loan losses | 120,000 | 220,000 | 420,000 | 520,000 |
| Pretax income | 3,341,000 | 6,567,000 | 10,361,000 | 14,441,000 |
| Income tax | 784,000 | 1,536,000 | 2,452,000 | 3,469,000 |
| Net income | 2,557,000 | 5,031,000 | 7,909,000 | 10,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,805,000 | 143,280,000 | 146,159,000 | 149,227,000 |
| Total capital | — | 152,716,000 | 155,675,000 | 158,847,000 |
| Risk-weighted assets | — | 931,514,000 | 905,090,000 | 933,604,000 |