Call reports 2023
VILLAGE BANK, THE — 2023
What VILLAGE BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,915,433,000 | 1,924,009,000 | 1,947,207,000 | 1,970,779,000 |
| Total loans | 1,524,527,000 | 1,556,599,000 | 1,578,780,000 | 1,585,420,000 |
| Allowance for loan losses | 10,117,000 | 10,118,000 | 10,115,000 | 7,991,000 |
| Securities available for sale | 268,322,000 | 263,083,000 | 251,656,000 | 262,235,000 |
| Securities held to maturity | 31,415,000 | 31,235,000 | 31,054,000 | 30,869,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,760,723,000 | 1,751,691,000 | 1,700,772,000 | 1,677,674,000 |
| Interest-bearing deposits | 1,387,711,000 | 1,372,029,000 | 1,377,684,000 | 1,361,005,000 |
| Noninterest-bearing deposits | 373,012,000 | 379,662,000 | 323,088,000 | 316,669,000 |
| Equity capital | 149,263,000 | 145,882,000 | 141,133,000 | 152,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,861,000 | 38,583,000 | 59,504,000 | 81,229,000 |
| Interest expense | 9,187,000 | 19,674,000 | 31,704,000 | 45,321,000 |
| Net interest income | 9,674,000 | 18,909,000 | 27,800,000 | 35,908,000 |
| Noninterest income | 740,000 | 1,442,000 | 2,157,000 | 2,897,000 |
| Noninterest expense | 9,275,000 | 18,095,000 | 27,047,000 | 35,931,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,150,000 | 2,256,000 | 2,889,000 | 2,883,000 |
| Income tax | 168,000 | 317,000 | 328,000 | 156,000 |
| Net income | 982,000 | 1,939,000 | 2,561,000 | 2,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 178,378,000 | 179,334,000 | 179,956,000 | 181,191,000 |
| Total capital | 188,495,000 | 189,452,000 | 190,071,000 | 189,816,000 |
| Risk-weighted assets | 1,261,705,000 | 1,285,341,000 | 1,249,709,000 | 1,238,019,000 |