Call reports 2016
VALLEY BANK OF GLASGOW — 2016
What VALLEY BANK OF GLASGOW reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 36,714,000 | 36,736,000 | 36,895,000 | 38,160,000 |
| Total loans | 25,838,000 | 28,220,000 | 28,827,000 | 28,366,000 |
| Allowance for loan losses | 216,000 | 232,000 | 239,000 | 257,000 |
| Securities available for sale | 5,147,000 | 5,038,000 | 3,902,000 | 3,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,810,000 | 32,684,000 | 32,656,000 | 34,115,000 |
| Interest-bearing deposits | 26,709,000 | 26,975,000 | 26,463,000 | 27,105,000 |
| Noninterest-bearing deposits | 6,102,000 | 5,708,000 | 6,193,000 | 7,011,000 |
| Equity capital | 3,643,000 | 3,733,000 | 3,828,000 | 3,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 982,000 | 1,512,000 | 2,029,000 |
| Interest expense | 69,000 | 134,000 | 207,000 | 280,000 |
| Net interest income | 407,000 | 848,000 | 1,305,000 | 1,749,000 |
| Noninterest income | 51,000 | 95,000 | 143,000 | 202,000 |
| Noninterest expense | 344,000 | 692,000 | 1,024,000 | 1,365,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 100,000 | 222,000 | 388,000 | 535,000 |
| Income tax | 36,000 | 81,000 | 144,000 | 200,000 |
| Net income | 64,000 | 141,000 | 244,000 | 335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,639,000 | 3,717,000 | 3,820,000 | 3,761,000 |
| Total capital | 3,855,000 | 3,949,000 | 4,059,000 | 4,018,000 |
| Risk-weighted assets | 23,381,000 | 25,563,000 | 25,737,000 | 25,455,000 |