Call reports 2023
WILLAMETTE VALLEY BANK — 2023
What WILLAMETTE VALLEY BANK 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 | 395,106,000 | 383,292,000 | 400,535,000 | 395,937,000 |
| Total loans | 290,469,000 | 320,006,000 | 321,593,000 | 321,506,000 |
| Allowance for loan losses | 2,661,000 | 2,774,000 | 2,960,000 | 3,156,000 |
| Securities available for sale | 29,665,000 | 30,162,000 | 30,976,000 | 33,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,643,000 | 294,407,000 | 317,141,000 | 312,713,000 |
| Interest-bearing deposits | 279,974,000 | 261,262,000 | 288,610,000 | 279,561,000 |
| Noninterest-bearing deposits | 31,669,000 | 33,145,000 | 28,531,000 | 33,152,000 |
| Equity capital | 72,617,000 | 72,410,000 | 72,160,000 | 72,542,000 |
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 | 4,794,000 | 9,585,000 | 14,677,000 | 20,102,000 |
| Interest expense | 499,000 | 1,476,000 | 2,777,000 | 4,180,000 |
| Net interest income | 4,295,000 | 8,109,000 | 11,900,000 | 15,922,000 |
| Noninterest income | 4,363,000 | 9,691,000 | 13,542,000 | 16,674,000 |
| Noninterest expense | 6,828,000 | 14,286,000 | 20,878,000 | 27,090,000 |
| Provision for loan losses | 0 | 112,000 | 299,000 | 494,000 |
| Pretax income | 1,830,000 | 3,402,000 | 4,265,000 | 5,012,000 |
| Income tax | 461,000 | 849,000 | 1,044,000 | 1,219,000 |
| Net income | 1,369,000 | 2,553,000 | 3,221,000 | 3,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,172,000 | 74,180,000 | 74,248,000 | 74,102,000 |