Call reports 2019
VALLEY STATE BANK, THE — 2019
What VALLEY STATE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 130,221,000 | 133,374,000 | 134,785,000 | 137,633,000 |
| Total loans | 85,795,000 | 88,602,000 | 88,405,000 | 91,652,000 |
| Allowance for loan losses | 861,000 | 910,000 | 951,000 | 1,016,000 |
| Securities available for sale | 30,650,000 | 28,849,000 | 28,627,000 | 29,723,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,501,000 | 111,920,000 | 109,948,000 | 108,356,000 |
| Interest-bearing deposits | 77,022,000 | 77,668,000 | 76,559,000 | 76,771,000 |
| Noninterest-bearing deposits | 32,479,000 | 34,252,000 | 33,389,000 | 31,585,000 |
| Equity capital | 17,355,000 | 17,678,000 | 18,069,000 | 18,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,497,000 | 3,074,000 | 4,688,000 | 6,318,000 |
| Interest expense | 228,000 | 467,000 | 717,000 | 970,000 |
| Net interest income | 1,269,000 | 2,607,000 | 3,971,000 | 5,348,000 |
| Noninterest income | 97,000 | 232,000 | 361,000 | 478,000 |
| Noninterest expense | 949,000 | 1,926,000 | 2,885,000 | 3,843,000 |
| Provision for loan losses | 58,000 | 138,000 | 213,000 | 278,000 |
| Pretax income | 359,000 | 775,000 | 1,234,000 | 1,710,000 |
| Income tax | 69,000 | 163,000 | 267,000 | 375,000 |
| Net income | 290,000 | 612,000 | 967,000 | 1,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,446,000 | 17,619,000 | 17,973,000 | 18,055,000 |
| Total capital | 18,307,000 | 18,529,000 | 18,924,000 | 19,071,000 |
| Risk-weighted assets | 82,325,000 | 85,980,000 | 84,501,000 | 86,793,000 |