Call reports 2020
VALLEY BANK OF KALISPELL — 2020
What VALLEY BANK OF KALISPELL reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 126,632,000 | 143,222,000 | 164,591,000 | 166,848,000 |
| Total loans | 103,854,000 | 105,694,000 | 106,691,000 | 103,966,000 |
| Allowance for loan losses | 1,847,000 | 2,006,000 | 2,030,000 | 2,070,000 |
| Securities available for sale | 18,661,000 | 17,965,000 | 22,594,000 | 26,050,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,474,000 | 128,141,000 | 148,838,000 | 150,367,000 |
| Interest-bearing deposits | 76,150,000 | 80,775,000 | 90,527,000 | 93,183,000 |
| Noninterest-bearing deposits | 36,324,000 | 47,366,000 | 58,311,000 | 57,184,000 |
| Equity capital | 13,803,000 | 14,544,000 | 15,225,000 | 16,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,858,000 | 4,051,000 | 6,067,000 | 8,225,000 |
| Interest expense | 209,000 | 400,000 | 595,000 | 789,000 |
| Net interest income | 1,649,000 | 3,651,000 | 5,472,000 | 7,436,000 |
| Noninterest income | 85,000 | 161,000 | 270,000 | 414,000 |
| Noninterest expense | 1,055,000 | 2,274,000 | 3,255,000 | 4,367,000 |
| Provision for loan losses | 60,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 619,000 | 1,478,000 | 2,427,000 | 3,423,000 |
| Income tax | 157,000 | 377,000 | 616,000 | 873,000 |
| Net income | 462,000 | 1,101,000 | 1,811,000 | 2,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,482,000 | 14,120,000 | 14,831,000 | 15,569,000 |