Call reports 2013
VALLEY REPUBLIC BANK — 2013
What VALLEY REPUBLIC BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 358,704,000 | 369,209,000 | 380,849,000 | 394,675,000 |
| Total loans | 140,333,000 | 153,851,000 | 170,571,000 | 184,235,000 |
| Allowance for loan losses | 2,465,000 | 2,565,000 | 2,690,000 | 2,827,000 |
| Securities available for sale | 148,681,000 | 151,694,000 | 146,678,000 | 98,437,000 |
| Securities held to maturity | 0 | 5,296,000 | 12,546,000 | 66,274,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,359,000 | 331,099,000 | 343,119,000 | 356,118,000 |
| Interest-bearing deposits | 205,243,000 | 219,731,000 | 232,037,000 | 238,786,000 |
| Noninterest-bearing deposits | 114,116,000 | 111,368,000 | 111,082,000 | 117,332,000 |
| Equity capital | 38,392,000 | 37,485,000 | 37,046,000 | 37,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,303,000 | 4,644,000 | 7,205,000 | 9,960,000 |
| Interest expense | 192,000 | 395,000 | 608,000 | 815,000 |
| Net interest income | 2,111,000 | 4,249,000 | 6,597,000 | 9,145,000 |
| Noninterest income | 146,000 | 326,000 | 555,000 | 774,000 |
| Noninterest expense | 1,671,000 | 3,161,000 | 4,780,000 | 6,635,000 |
| Provision for loan losses | 110,000 | 210,000 | 335,000 | 472,000 |
| Pretax income | 547,000 | 1,307,000 | 2,140,000 | 2,915,000 |
| Income tax | 0 | 275,000 | 568,000 | 858,000 |
| Net income | 547,000 | 1,032,000 | 1,572,000 | 2,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,447,000 | 37,970,000 | 38,651,000 | 39,223,000 |
| Total capital | 39,635,000 | 40,376,000 | 41,337,000 | 42,064,000 |
| Risk-weighted assets | 173,972,000 | 192,328,000 | 214,851,000 | 230,846,000 |