Call reports 2019
VALLEY BANK OF GLASGOW — 2019
What VALLEY BANK OF GLASGOW reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Total assets | 39,790,000 | 39,312,000 | 36,593,000 |
| Total loans | 24,169,000 | 25,183,000 | 25,491,000 |
| Allowance for loan losses | 271,000 | 287,000 | 400,000 |
| Securities available for sale | 3,858,000 | 3,809,000 | 3,723,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 35,392,000 | 34,741,000 | 33,096,000 |
| Interest-bearing deposits | 28,550,000 | 28,208,000 | 26,204,000 |
| Noninterest-bearing deposits | 6,842,000 | 6,534,000 | 6,892,000 |
| Equity capital | 4,302,000 | 4,448,000 | 3,260,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Interest income | 470,000 | 967,000 | 1,475,000 |
| Interest expense | 79,000 | 157,000 | 238,000 |
| Net interest income | 391,000 | 810,000 | 1,237,000 |
| Noninterest income | 57,000 | 112,000 | 189,000 |
| Noninterest expense | 319,000 | 613,000 | 1,062,000 |
| Provision for loan losses | 30,000 | 60,000 | 173,000 |
| Pretax income | 99,000 | 249,000 | 191,000 |
| Income tax | 24,000 | 62,000 | 48,000 |
| Net income | 75,000 | 187,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Tier 1 capital | 4,313,000 | 4,425,000 | 3,260,000 |
| Total capital | 4,559,000 | 4,686,000 | 3,526,000 |
| Risk-weighted assets | 19,681,000 | 20,849,000 | 21,148,000 |