Call reports 2017
VALLEY BANK OF GLASGOW — 2017
What VALLEY BANK OF GLASGOW reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 38,233,000 | 38,960,000 | 37,664,000 | 39,584,000 |
| Total loans | 29,297,000 | 28,624,000 | 28,036,000 | 24,354,000 |
| Allowance for loan losses | 272,000 | 287,000 | 660,000 | 270,000 |
| Securities available for sale | 3,802,000 | 4,297,000 | 3,797,000 | 3,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,987,000 | 34,897,000 | 33,689,000 | 35,739,000 |
| Interest-bearing deposits | 27,689,000 | 27,869,000 | 27,050,000 | 28,154,000 |
| Noninterest-bearing deposits | 6,298,000 | 7,028,000 | 6,639,000 | 7,585,000 |
| Equity capital | 3,834,000 | 3,933,000 | 3,790,000 | 3,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 511,000 | 1,012,000 | 1,524,000 | 1,998,000 |
| Interest expense | 71,000 | 142,000 | 211,000 | 282,000 |
| Net interest income | 440,000 | 870,000 | 1,313,000 | 1,716,000 |
| Noninterest income | 55,000 | 117,000 | 175,000 | 264,000 |
| Noninterest expense | 338,000 | 670,000 | 1,038,000 | 1,338,000 |
| Provision for loan losses | 15,000 | 30,000 | 402,000 | 417,000 |
| Pretax income | 142,000 | 287,000 | 48,000 | 225,000 |
| Income tax | 52,000 | 107,000 | 13,000 | 83,000 |
| Net income | 90,000 | 180,000 | 35,000 | 142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,851,000 | 3,941,000 | 3,796,000 | 3,803,000 |
| Total capital | 4,123,000 | 4,228,000 | 4,106,000 | 4,073,000 |
| Risk-weighted assets | 25,470,000 | 25,230,000 | 24,445,000 | 21,627,000 |