Call reports 2021
VALLEY STATE BANK, THE — 2021
What VALLEY STATE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 177,648,000 | 179,687,000 | 179,874,000 | 180,553,000 |
| Total loans | 100,649,000 | 99,755,000 | 98,035,000 | 96,480,000 |
| Allowance for loan losses | 1,279,000 | 1,333,000 | 1,361,000 | 1,319,000 |
| Securities available for sale | 48,087,000 | 53,528,000 | 61,663,000 | 63,451,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,335,000 | 151,160,000 | 150,281,000 | 151,581,000 |
| Interest-bearing deposits | 99,378,000 | 104,899,000 | 104,294,000 | 105,133,000 |
| Noninterest-bearing deposits | 49,957,000 | 46,261,000 | 45,987,000 | 46,448,000 |
| Equity capital | 19,841,000 | 20,200,000 | 20,758,000 | 20,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,685,000 | 3,438,000 | 5,223,000 | 6,859,000 |
| Interest expense | 198,000 | 398,000 | 594,000 | 782,000 |
| Net interest income | 1,487,000 | 3,040,000 | 4,629,000 | 6,077,000 |
| Noninterest income | 132,000 | 311,000 | 445,000 | 581,000 |
| Noninterest expense | 990,000 | 2,029,000 | 3,078,000 | 4,161,000 |
| Provision for loan losses | 49,000 | 102,000 | 151,000 | 216,000 |
| Pretax income | 582,000 | 1,223,000 | 1,851,000 | 2,288,000 |
| Income tax | 136,000 | 287,000 | 435,000 | 537,000 |
| Net income | 446,000 | 936,000 | 1,416,000 | 1,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,670,000 | 20,060,000 | 20,540,000 | 20,475,000 |