Call reports 2008
WEST VALLEY NATIONAL BANK — 2008
What WEST VALLEY NATIONAL BANK 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 | 44,059,000 | 47,134,000 | 43,709,000 | 43,460,000 |
| Total loans | 19,625,000 | 23,353,000 | 27,222,000 | 26,694,000 |
| Allowance for loan losses | 188,000 | 264,000 | 420,000 | 943,000 |
| Securities available for sale | 4,989,000 | 3,892,000 | 4,379,000 | 2,879,000 |
| Securities held to maturity | 0 | 0 | 0 | 2,933,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,286,000 | 29,200,000 | 26,340,000 | 27,026,000 |
| Interest-bearing deposits | 17,306,000 | 18,465,000 | 17,525,000 | 18,586,000 |
| Noninterest-bearing deposits | 7,980,000 | 10,735,000 | 8,815,000 | 8,440,000 |
| Equity capital | 18,586,000 | 17,734,000 | 17,173,000 | 16,076,000 |
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 | 698,000 | 1,112,000 | 1,612,000 | 2,083,000 |
| Interest expense | 121,000 | 206,000 | 282,000 | 362,000 |
| Net interest income | 577,000 | 906,000 | 1,330,000 | 1,721,000 |
| Noninterest income | 95,000 | 139,000 | 176,000 | 246,000 |
| Noninterest expense | 1,113,000 | 2,282,000 | 3,254,000 | 4,405,000 |
| Provision for loan losses | 0 | 76,000 | 230,000 | 753,000 |
| Pretax income | -441,000 | -1,313,000 | -1,978,000 | -3,191,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -441,000 | -1,313,000 | -1,978,000 | -3,191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,597,000 | 17,809,000 | 17,223,000 | 16,090,000 |
| Total capital | 18,787,000 | 18,119,000 | 17,599,000 | 16,486,000 |
| Risk-weighted assets | 25,495,000 | 27,082,000 | 29,997,000 | 31,092,000 |