Call reports 2018
VALLEY REPUBLIC BANK — 2018
What VALLEY REPUBLIC BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 681,267,000 | 683,024,000 | 779,383,000 | 779,772,000 |
| Total loans | 457,586,000 | 466,768,000 | 483,168,000 | 521,628,000 |
| Allowance for loan losses | 6,327,000 | 6,530,000 | 6,729,000 | 6,931,000 |
| Securities available for sale | 57,614,000 | 60,566,000 | 68,580,000 | 76,912,000 |
| Securities held to maturity | 52,115,000 | 55,023,000 | 53,604,000 | 52,488,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 615,591,000 | 615,613,000 | 709,799,000 | 704,289,000 |
| Interest-bearing deposits | 363,666,000 | 357,641,000 | 409,292,000 | 416,249,000 |
| Noninterest-bearing deposits | 251,925,000 | 257,972,000 | 300,507,000 | 288,040,000 |
| Equity capital | 59,171,000 | 61,113,000 | 63,375,000 | 66,440,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 5,912,000 | 12,212,000 | 19,003,000 | 26,441,000 |
| Interest expense | 554,000 | 1,182,000 | 2,120,000 | 3,363,000 |
| Net interest income | 5,358,000 | 11,030,000 | 16,883,000 | 23,078,000 |
| Noninterest income | 633,000 | 981,000 | 1,624,000 | 2,302,000 |
| Noninterest expense | 3,247,000 | 6,345,000 | 9,584,000 | 13,208,000 |
| Provision for loan losses | 202,000 | 404,000 | 603,000 | 805,000 |
| Pretax income | 2,542,000 | 5,256,000 | 8,314,000 | 11,383,000 |
| Income tax | 218,000 | 901,000 | 1,575,000 | 2,379,000 |
| Net income | 2,324,000 | 4,355,000 | 6,739,000 | 9,004,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,057,000 | 62,212,000 | 64,735,000 | 67,168,000 |
| Total capital | 66,499,000 | 68,857,000 | 71,579,000 | 74,214,000 |
| Risk-weighted assets | 551,935,000 | 567,866,000 | 584,809,000 | 646,585,000 |