Call reports 2008
VALLEY STATE BANK, THE — 2008
What VALLEY STATE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 62,036,000 | 62,196,000 | 62,141,000 | 65,426,000 |
| Total loans | 34,299,000 | 36,123,000 | 36,881,000 | 35,601,000 |
| Allowance for loan losses | 375,000 | 389,000 | 430,000 | 399,000 |
| Securities available for sale | 20,899,000 | 20,614,000 | 19,869,000 | 18,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,599,000 | 52,164,000 | 53,022,000 | 57,665,000 |
| Interest-bearing deposits | 47,645,000 | 47,092,000 | 46,912,000 | 51,057,000 |
| Noninterest-bearing deposits | 5,955,000 | 5,072,000 | 6,110,000 | 6,608,000 |
| Equity capital | 5,922,000 | 5,661,000 | 5,638,000 | 5,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 982,000 | 1,895,000 | 2,817,000 | 3,723,000 |
| Interest expense | 433,000 | 828,000 | 1,208,000 | 1,572,000 |
| Net interest income | 549,000 | 1,067,000 | 1,609,000 | 2,151,000 |
| Noninterest income | 87,000 | 144,000 | 203,000 | 261,000 |
| Noninterest expense | 371,000 | 751,000 | 1,133,000 | 1,521,000 |
| Provision for loan losses | 46,000 | 61,000 | 101,000 | 172,000 |
| Pretax income | 273,000 | 513,000 | 692,000 | 868,000 |
| Income tax | 13,000 | 23,000 | 31,000 | 39,000 |
| Net income | 260,000 | 490,000 | 661,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,698,000 | 5,867,000 | 5,894,000 | 5,957,000 |
| Total capital | 6,086,000 | 6,256,000 | 6,335,000 | 6,356,000 |
| Risk-weighted assets | 41,674,000 | 43,134,000 | 43,655,000 | 42,726,000 |
Machine access — free, no API key
Every figure shown here about VALLEY STATE BANK, THE — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.