Call reports 2024
VILLAGE BANK, THE — 2024
What VILLAGE BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,946,483,000 | 1,979,170,000 | 2,003,987,000 | 1,989,581,000 |
| Total loans | 1,560,158,000 | 1,588,247,000 | 1,615,386,000 | 1,618,369,000 |
| Allowance for loan losses | 8,032,000 | 8,082,000 | 7,994,000 | 7,901,000 |
| Securities available for sale | 255,520,000 | 260,688,000 | 267,544,000 | 260,170,000 |
| Securities held to maturity | 30,683,000 | 30,497,000 | 30,317,000 | 30,135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,705,636,000 | 1,674,526,000 | 1,675,586,000 | 1,700,205,000 |
| Interest-bearing deposits | 1,394,246,000 | 1,366,972,000 | 1,364,589,000 | 1,369,088,000 |
| Noninterest-bearing deposits | 311,390,000 | 307,554,000 | 310,997,000 | 331,117,000 |
| Equity capital | 149,577,000 | 151,009,000 | 158,714,000 | 153,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 21,950,000 | 44,158,000 | 67,532,000 | 90,831,000 |
| Interest expense | 14,021,000 | 28,632,000 | 43,773,000 | 58,256,000 |
| Net interest income | 7,929,000 | 15,526,000 | 23,759,000 | 32,575,000 |
| Noninterest income | 800,000 | 1,558,000 | 2,344,000 | 3,139,000 |
| Noninterest expense | 8,711,000 | 17,780,000 | 26,706,000 | 35,708,000 |
| Provision for loan losses | 40,000 | 86,000 | -2,000 | -94,000 |
| Pretax income | 14,000 | -643,000 | -272,000 | 413,000 |
| Income tax | -167,000 | -525,000 | 125,000 | 140,000 |
| Net income | 181,000 | -118,000 | -397,000 | 273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,373,000 | 181,073,000 | 180,793,000 | 181,464,000 |
| Total capital | 189,997,000 | 189,640,000 | 189,107,000 | 189,678,000 |
| Risk-weighted assets | 1,206,445,000 | 1,226,852,000 | 1,234,788,000 | 1,227,542,000 |