Call reports 2016
VALLEY REPUBLIC BANK — 2016
What VALLEY REPUBLIC BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 501,828,000 | 508,616,000 | 548,191,000 | 579,024,000 |
| Total loans | 321,286,000 | 357,142,000 | 368,634,000 | 390,033,000 |
| Allowance for loan losses | 4,905,000 | 5,179,000 | 5,419,000 | 5,485,000 |
| Securities available for sale | 45,578,000 | 43,061,000 | 40,447,000 | 51,101,000 |
| Securities held to maturity | 42,636,000 | 23,662,000 | 28,591,000 | 43,521,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,994,000 | 452,018,000 | 490,428,000 | 518,574,000 |
| Interest-bearing deposits | 272,261,000 | 279,671,000 | 297,125,000 | 309,885,000 |
| Noninterest-bearing deposits | 173,733,000 | 172,347,000 | 193,303,000 | 208,689,000 |
| Equity capital | 47,110,000 | 48,544,000 | 49,608,000 | 50,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,003,000 | 8,023,000 | 12,346,000 | 16,912,000 |
| Interest expense | 225,000 | 455,000 | 700,000 | 977,000 |
| Net interest income | 3,778,000 | 7,568,000 | 11,646,000 | 15,935,000 |
| Noninterest income | 400,000 | 763,000 | 1,302,000 | 1,704,000 |
| Noninterest expense | 2,516,000 | 4,807,000 | 7,444,000 | 10,285,000 |
| Provision for loan losses | 209,000 | 483,000 | 722,000 | 789,000 |
| Pretax income | 1,544,000 | 3,132,000 | 4,927,000 | 6,710,000 |
| Income tax | 483,000 | 985,000 | 1,574,000 | 2,197,000 |
| Net income | 1,061,000 | 2,147,000 | 3,353,000 | 4,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,129,000 | 48,282,000 | 49,404,000 | 50,629,000 |
| Total capital | 52,049,000 | 53,476,000 | 54,838,000 | 56,229,000 |
| Risk-weighted assets | 402,983,000 | 441,853,000 | 446,530,000 | 484,153,000 |