Village Bank and Trust Financial Corp. (VBFC)

VBFC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	25.4	17.71	16.68	92.62	43.45	19.97
Investment Securities	13.27	33.05	73.29	54.2	16.84	21.64
Trading Asset Securities	0.31	0.27	-	0.47	1.6	-
Mortgage-Backed Securities	70.69	72.54	60.56	40.5	24.01	25.3
Total Investments	84.27	105.86	133.85	95.17	42.44	46.94
Gross Loans	615.38	575.81	539.02	526.46	561	430.06
Allowance for Loan Losses	-3.7	-3.42	-3.37	-3.42	-3.97	-3.19
Other Adjustments to Gross Loans	-	-	-	-0.43	-2.05	-
Net Loans	611.68	572.39	535.65	522.6	554.99	426.87
Property, Plant & Equipment	11.54	12.58	11.75	12.74	12.7	13.05
Loans Held for Sale	2.44	4.98	2.27	5.14	34.42	12.72
Accrued Interest Receivable	3.59	3.83	3.65	3.25	4.94	2.6
Other Current Assets	-	-	-	-	-	0.51
Long-Term Deferred Tax Assets	-	3.04	-	1.97	2.36	4.83
Other Real Estate Owned & Foreclosed	-	-	-	-	0.34	0.53
Other Long-Term Assets	20.53	16.23	19.43	14.92	10.6	12.3
Total Assets	759.47	736.62	723.27	748.4	706.24	540.31
Interest Bearing Deposits	373.88	348.58	364.77	388.27	350.06	289.65
Institutional Deposits	25.49	9.15	4.74	6.98	16.01	22.33
Non-Interest Bearing Deposits	246.84	247.62	255.24	268.8	222.31	131.23
Total Deposits	646.2	605.35	624.74	664.05	588.38	443.21
Short-Term Borrowings	-	0.51	0.21	0.65	3.1	5.32
Current Portion of Long-Term Debt	-	-	-	-	-	13
Current Portion of Leases	-	0.31	-	-	-	-
Accrued Interest Payable	0.36	0.21	0.07	0.07	0.19	0.22
Long-Term Debt	5.7	5.7	5.69	5.66	47.16	5.6
Federal Home Loan Bank Debt, Long-Term	20	45	20	-	-	16
Long-Term Leases	-	0.53	1.12	0.93	0.93	1.03
Trust Preferred Securities	8.76	8.76	8.76	8.76	8.76	8.76
Other Long-Term Liabilities	4.24	2.69	1.56	4.88	5.71	4.27
Total Liabilities	685.27	669.06	662.16	685	654.24	497.4
Common Stock	5.92	5.91	5.87	5.82	5.79	5.78
Additional Paid-In Capital	55.82	55.49	55.17	54.81	54.51	54.29
Retained Earnings	16.5	11.78	10.96	3.51	-8.74	-17.29
Comprehensive Income & Other	-4.04	-5.61	-10.88	-0.74	0.43	0.14
Total Common Equity	74.2	67.56	61.11	63.4	52	42.91
Shareholders' Equity	74.2	67.56	61.11	63.4	52	42.91
Total Liabilities & Equity	759.47	736.62	723.27	748.4	706.24	540.31
Total Debt	34.46	60.82	35.79	16.01	59.95	49.7
Net Cash (Debt)	-8.75	-42.83	-19.11	77.08	-14.9	-29.74
Net Cash Per Share	-5.86	-28.82	-12.94	52.51	-10.21	-20.58
Filing Date Shares Outstanding	1.5	1.49	1.48	1.47	1.47	1.45
Total Common Shares Outstanding	1.5	1.49	1.48	1.47	1.47	1.45
Book Value Per Share	49.63	45.25	41.21	43.03	35.46	29.53
Tangible Book Value	74.2	67.56	61.11	63.4	52	42.91
Tangible Book Value Per Share	49.63	45.25	41.21	43.03	35.46	29.53

Source: S&P Capital IQ. Banks template. Financial Sources.