Call reports 2020
WILLAMETTE VALLEY BANK — 2020
What WILLAMETTE VALLEY BANK 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 | 307,512,000 | 352,966,000 | 383,470,000 | 394,918,000 |
| Total loans | 269,547,000 | 317,089,000 | 344,247,000 | 349,168,000 |
| Allowance for loan losses | 2,207,000 | 2,386,000 | 2,435,000 | 2,483,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,263,000 | 257,188,000 | 256,325,000 | 268,696,000 |
| Interest-bearing deposits | 209,112,000 | 231,584,000 | 229,536,000 | 241,807,000 |
| Noninterest-bearing deposits | 19,151,000 | 25,604,000 | 26,789,000 | 26,889,000 |
| Equity capital | 37,372,000 | 44,634,000 | 54,967,000 | 62,368,000 |
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 | 2,959,000 | 6,293,000 | 9,816,000 | 13,584,000 |
| Interest expense | 600,000 | 1,140,000 | 1,532,000 | 1,871,000 |
| Net interest income | 2,359,000 | 5,153,000 | 8,284,000 | 11,713,000 |
| Noninterest income | 11,876,000 | 35,146,000 | 64,373,000 | 89,709,000 |
| Noninterest expense | 10,575,000 | 25,923,000 | 43,908,000 | 61,770,000 |
| Provision for loan losses | 392,000 | 566,000 | 612,000 | 657,000 |
| Pretax income | 3,270,000 | 13,810,000 | 28,137,000 | 38,995,000 |
| Income tax | 858,000 | 3,617,000 | 7,299,000 | 10,089,000 |
| Net income | 2,412,000 | 10,193,000 | 20,838,000 | 28,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,372,000 | 44,634,000 | 54,967,000 | 62,368,000 |