Call reports 2014
VALLEY REPUBLIC BANK — 2014
What VALLEY REPUBLIC BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 389,704,000 | 395,510,000 | 422,607,000 | 421,258,000 |
| Total loans | 185,137,000 | 207,419,000 | 213,425,000 | 247,968,000 |
| Allowance for loan losses | 2,982,000 | 3,202,000 | 3,402,000 | 3,600,000 |
| Securities available for sale | 79,138,000 | 73,692,000 | 69,876,000 | 78,873,000 |
| Securities held to maturity | 66,275,000 | 66,276,000 | 60,577,000 | 46,783,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,227,000 | 353,362,000 | 379,473,000 | 375,871,000 |
| Interest-bearing deposits | 233,073,000 | 231,083,000 | 242,139,000 | 230,122,000 |
| Noninterest-bearing deposits | 117,154,000 | 122,279,000 | 137,334,000 | 145,749,000 |
| Equity capital | 38,628,000 | 39,480,000 | 40,442,000 | 41,863,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,818,000 | 5,760,000 | 8,793,000 | 11,997,000 |
| Interest expense | 206,000 | 409,000 | 611,000 | 813,000 |
| Net interest income | 2,612,000 | 5,351,000 | 8,182,000 | 11,184,000 |
| Noninterest income | 289,000 | 554,000 | 929,000 | 1,262,000 |
| Noninterest expense | 1,953,000 | 3,779,000 | 5,733,000 | 7,721,000 |
| Provision for loan losses | 155,000 | 375,000 | 575,000 | 773,000 |
| Pretax income | 905,000 | 1,877,000 | 2,929,000 | 4,078,000 |
| Income tax | 308,000 | 636,000 | 1,000,000 | 1,362,000 |
| Net income | 597,000 | 1,241,000 | 1,929,000 | 2,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,884,000 | 40,618,000 | 41,365,000 | 42,198,000 |
| Total capital | 42,772,000 | 43,835,000 | 44,700,000 | 45,813,000 |
| Risk-weighted assets | 230,923,000 | 261,488,000 | 266,772,000 | 302,007,000 |