Call reports 2018
VALLEY STATE BANK, THE — 2018
What VALLEY STATE BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 125,072,000 | 126,250,000 | 125,609,000 | 125,961,000 |
| Total loans | 81,560,000 | 80,619,000 | 81,217,000 | 81,831,000 |
| Allowance for loan losses | 838,000 | 837,000 | 822,000 | 823,000 |
| Securities available for sale | 36,275,000 | 34,755,000 | 33,544,000 | 32,863,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,619,000 | 106,209,000 | 104,137,000 | 103,453,000 |
| Interest-bearing deposits | 73,901,000 | 75,950,000 | 74,011,000 | 73,457,000 |
| Noninterest-bearing deposits | 30,718,000 | 30,259,000 | 30,126,000 | 29,996,000 |
| Equity capital | 16,493,000 | 16,631,000 | 16,885,000 | 16,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,290,000 | 2,609,000 | 3,995,000 | 5,412,000 |
| Interest expense | 163,000 | 340,000 | 529,000 | 739,000 |
| Net interest income | 1,127,000 | 2,269,000 | 3,466,000 | 4,673,000 |
| Noninterest income | 100,000 | 254,000 | 370,000 | 500,000 |
| Noninterest expense | 858,000 | 1,741,000 | 2,635,000 | 3,553,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 78,000 |
| Pretax income | 369,000 | 782,000 | 1,176,000 | 1,542,000 |
| Income tax | 78,000 | 170,000 | 254,000 | 334,000 |
| Net income | 291,000 | 612,000 | 922,000 | 1,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,690,000 | 16,860,000 | 17,171,000 | 17,156,000 |
| Total capital | 17,528,000 | 17,697,000 | 17,993,000 | 17,979,000 |
| Risk-weighted assets | 75,843,000 | 77,772,000 | 76,945,000 | 79,127,000 |