Call reports 2018
VALLEY BANK OF GLASGOW — 2018
What VALLEY BANK OF GLASGOW reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 40,484,000 | 43,842,000 | 40,398,000 | 40,098,000 |
| Total loans | 25,969,000 | 25,447,000 | 26,774,000 | 24,832,000 |
| Allowance for loan losses | 282,000 | 223,000 | 220,000 | 276,000 |
| Securities available for sale | 4,091,000 | 3,972,000 | 3,939,000 | 3,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,519,000 | 39,732,000 | 36,133,000 | 35,813,000 |
| Interest-bearing deposits | 28,849,000 | 27,962,000 | 29,024,000 | 29,092,000 |
| Noninterest-bearing deposits | 7,670,000 | 11,770,000 | 7,109,000 | 6,720,000 |
| Equity capital | 3,852,000 | 3,955,000 | 4,059,000 | 4,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 462,000 | 949,000 | 1,463,000 | 1,983,000 |
| Interest expense | 72,000 | 144,000 | 219,000 | 295,000 |
| Net interest income | 390,000 | 805,000 | 1,244,000 | 1,688,000 |
| Noninterest income | 108,000 | 161,000 | 219,000 | 276,000 |
| Noninterest expense | 338,000 | 644,000 | 955,000 | 1,280,000 |
| Provision for loan losses | 15,000 | 40,000 | 70,000 | 100,000 |
| Pretax income | 145,000 | 282,000 | 438,000 | 584,000 |
| Income tax | 42,000 | 72,000 | 112,000 | 150,000 |
| Net income | 103,000 | 210,000 | 326,000 | 434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,906,000 | 4,014,000 | 4,129,000 | 4,237,000 |
| Total capital | 4,182,000 | 4,237,000 | 4,349,000 | 4,493,000 |
| Risk-weighted assets | 22,070,000 | 20,752,000 | 21,310,000 | 20,447,000 |