Call reports 2017
VALLEY STATE BANK, THE — 2017
What VALLEY STATE BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 127,287,000 | 127,039,000 | 124,867,000 | 123,163,000 |
| Total loans | 73,196,000 | 79,186,000 | 79,876,000 | 81,445,000 |
| Allowance for loan losses | 709,000 | 779,000 | 789,000 | 831,000 |
| Securities available for sale | 47,736,000 | 42,207,000 | 39,259,000 | 35,804,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,817,000 | 107,319,000 | 102,453,000 | 101,438,000 |
| Interest-bearing deposits | 76,089,000 | 74,383,000 | 72,381,000 | 73,273,000 |
| Noninterest-bearing deposits | 31,728,000 | 32,936,000 | 30,072,000 | 28,165,000 |
| Equity capital | 16,159,000 | 16,318,000 | 16,511,000 | 16,315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,174,000 | 2,388,000 | 3,666,000 | 4,963,000 |
| Interest expense | 150,000 | 307,000 | 462,000 | 625,000 |
| Net interest income | 1,024,000 | 2,081,000 | 3,204,000 | 4,338,000 |
| Noninterest income | 145,000 | 270,000 | 362,000 | 480,000 |
| Noninterest expense | 845,000 | 1,696,000 | 2,558,000 | 3,470,000 |
| Provision for loan losses | 30,000 | 130,000 | 180,000 | 233,000 |
| Pretax income | 294,000 | 585,000 | 887,000 | 1,182,000 |
| Income tax | 82,000 | 164,000 | 254,000 | 373,000 |
| Net income | 212,000 | 421,000 | 633,000 | 809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,174,000 | 16,258,000 | 16,470,000 | 16,398,000 |
| Total capital | 16,883,000 | 17,037,000 | 17,259,000 | 17,229,000 |
| Risk-weighted assets | 71,867,000 | 75,900,000 | 76,524,000 | 78,409,000 |