Call reports 2013
VALLEY BANK OF GLASGOW — 2013
What VALLEY BANK OF GLASGOW reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 36,292,000 | 35,128,000 | 35,549,000 | 37,112,000 |
| Total loans | 21,643,000 | 23,357,000 | 23,911,000 | 23,119,000 |
| Allowance for loan losses | 330,000 | 332,000 | 332,000 | 326,000 |
| Securities available for sale | 6,045,000 | 6,418,000 | 6,359,000 | 6,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,672,000 | 31,753,000 | 31,985,000 | 33,747,000 |
| Interest-bearing deposits | 26,724,000 | 26,057,000 | 26,047,000 | 25,760,000 |
| Noninterest-bearing deposits | 5,948,000 | 5,696,000 | 5,938,000 | 7,987,000 |
| Equity capital | 2,961,000 | 2,914,000 | 3,002,000 | 2,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 414,000 | 850,000 | 1,306,000 | 1,757,000 |
| Interest expense | 77,000 | 150,000 | 216,000 | 285,000 |
| Net interest income | 337,000 | 700,000 | 1,090,000 | 1,472,000 |
| Noninterest income | 38,000 | 84,000 | 129,000 | 198,000 |
| Noninterest expense | 297,000 | 603,000 | 926,000 | 1,234,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 78,000 | 181,000 | 293,000 | 436,000 |
| Income tax | 27,000 | 60,000 | 103,000 | 155,000 |
| Net income | 51,000 | 121,000 | 190,000 | 281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,914,000 | 2,983,000 | 3,052,000 | 2,993,000 |
| Total capital | 3,171,000 | 3,254,000 | 3,334,000 | 3,276,000 |
| Risk-weighted assets | 20,513,000 | 21,590,000 | 22,476,000 | 22,602,000 |