Call reports 2013
VALLEY STATE BANK, THE — 2013
What VALLEY STATE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 120,143,000 | 120,167,000 | 124,390,000 | 124,450,000 |
| Total loans | 60,690,000 | 60,310,000 | 60,829,000 | 62,228,000 |
| Allowance for loan losses | 930,000 | 945,000 | 935,000 | 935,000 |
| Securities available for sale | 52,603,000 | 52,043,000 | 57,813,000 | 56,866,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,576,000 | 105,080,000 | 105,977,000 | 104,635,000 |
| Interest-bearing deposits | 79,210,000 | 78,376,000 | 79,760,000 | 80,325,000 |
| Noninterest-bearing deposits | 25,366,000 | 26,704,000 | 26,217,000 | 24,310,000 |
| Equity capital | 14,846,000 | 14,645,000 | 14,637,000 | 14,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,155,000 | 2,291,000 | 3,426,000 | 4,580,000 |
| Interest expense | 239,000 | 456,000 | 678,000 | 900,000 |
| Net interest income | 916,000 | 1,835,000 | 2,748,000 | 3,680,000 |
| Noninterest income | 98,000 | 213,000 | 345,000 | 459,000 |
| Noninterest expense | 762,000 | 1,535,000 | 2,352,000 | 3,165,000 |
| Provision for loan losses | 0 | 10,000 | 13,000 | 13,000 |
| Pretax income | 252,000 | 503,000 | 728,000 | 961,000 |
| Income tax | 63,000 | 125,000 | 176,000 | 228,000 |
| Net income | 189,000 | 378,000 | 552,000 | 733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,967,000 | 14,056,000 | 14,230,000 | 14,235,000 |
| Total capital | 14,693,000 | 14,796,000 | 14,969,000 | 14,994,000 |
| Risk-weighted assets | 57,848,000 | 58,959,000 | 58,926,000 | 60,530,000 |