Call reports 2017
VALLEY REPUBLIC BANK — 2017
What VALLEY REPUBLIC BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 644,498,000 | 638,693,000 | 669,506,000 | 667,563,000 |
| Total loans | 405,980,000 | 416,633,000 | 440,990,000 | 447,859,000 |
| Allowance for loan losses | 5,719,000 | 5,936,000 | 6,203,000 | 6,116,000 |
| Securities available for sale | 54,013,000 | 51,476,000 | 54,057,000 | 51,064,000 |
| Securities held to maturity | 48,451,000 | 53,630,000 | 53,220,000 | 52,435,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 583,408,000 | 576,250,000 | 605,787,000 | 603,440,000 |
| Interest-bearing deposits | 377,917,000 | 354,801,000 | 365,237,000 | 357,378,000 |
| Noninterest-bearing deposits | 205,490,000 | 221,449,000 | 240,550,000 | 246,062,000 |
| Equity capital | 51,688,000 | 53,416,000 | 55,379,000 | 56,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,778,000 | 9,944,000 | 15,555,000 | 21,346,000 |
| Interest expense | 282,000 | 599,000 | 951,000 | 1,327,000 |
| Net interest income | 4,496,000 | 9,345,000 | 14,604,000 | 20,019,000 |
| Noninterest income | 518,000 | 927,000 | 1,497,000 | 1,883,000 |
| Noninterest expense | 2,950,000 | 5,935,000 | 8,960,000 | 11,917,000 |
| Provision for loan losses | 234,000 | 451,000 | 718,000 | 692,000 |
| Pretax income | 1,830,000 | 3,895,000 | 6,432,000 | 9,302,000 |
| Income tax | 586,000 | 1,217,000 | 2,113,000 | 4,021,000 |
| Net income | 1,244,000 | 2,678,000 | 4,319,000 | 5,281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,955,000 | 53,474,000 | 55,496,000 | 56,607,000 |
| Total capital | 57,789,000 | 59,525,000 | 61,814,000 | 62,838,000 |
| Risk-weighted assets | 499,029,000 | 514,619,000 | 533,941,000 | 543,174,000 |