Call reports 2015
VALLEY STATE BANK, THE — 2015
What VALLEY STATE BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 128,273,000 | 126,605,000 | 126,221,000 | 125,139,000 |
| Total loans | 64,377,000 | 65,947,000 | 67,748,000 | 69,386,000 |
| Allowance for loan losses | 766,000 | 698,000 | 727,000 | 817,000 |
| Securities available for sale | 58,024,000 | 54,344,000 | 52,833,000 | 50,477,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,903,000 | 106,924,000 | 106,298,000 | 103,107,000 |
| Interest-bearing deposits | 78,814,000 | 76,384,000 | 76,201,000 | 72,831,000 |
| Noninterest-bearing deposits | 29,089,000 | 30,540,000 | 30,097,000 | 30,276,000 |
| Equity capital | 15,546,000 | 15,677,000 | 15,920,000 | 15,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,161,000 | 2,320,000 | 3,511,000 | 4,703,000 |
| Interest expense | 178,000 | 346,000 | 520,000 | 680,000 |
| Net interest income | 983,000 | 1,974,000 | 2,991,000 | 4,023,000 |
| Noninterest income | 148,000 | 264,000 | 385,000 | 499,000 |
| Noninterest expense | 825,000 | 1,585,000 | 2,366,000 | 3,180,000 |
| Provision for loan losses | 0 | 10,000 | 40,000 | 140,000 |
| Pretax income | 306,000 | 643,000 | 970,000 | 1,206,000 |
| Income tax | 59,000 | 146,000 | 229,000 | 283,000 |
| Net income | 247,000 | 497,000 | 741,000 | 923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,113,000 | 15,263,000 | 15,506,000 | 15,484,000 |
| Total capital | 15,879,000 | 15,961,000 | 16,233,000 | 16,301,000 |
| Risk-weighted assets | 63,291,000 | 64,330,000 | 66,317,000 | 67,919,000 |