Call reports 2019
VALLEY REPUBLIC BANK — 2019
What VALLEY REPUBLIC BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 820,544,000 | 868,165,000 | 915,006,000 | 938,684,000 |
| Total loans | 550,158,000 | 580,003,000 | 589,156,000 | 624,768,000 |
| Allowance for loan losses | 7,231,000 | 7,603,000 | 7,972,000 | 8,348,000 |
| Securities available for sale | 75,179,000 | 85,220,000 | 146,161,000 | 165,781,000 |
| Securities held to maturity | 52,123,000 | 49,878,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 721,047,000 | 765,049,000 | 808,567,000 | 830,992,000 |
| Interest-bearing deposits | 429,660,000 | 497,228,000 | 534,620,000 | 540,407,000 |
| Noninterest-bearing deposits | 291,387,000 | 267,821,000 | 273,947,000 | 290,585,000 |
| Equity capital | 86,794,000 | 90,155,000 | 93,238,000 | 94,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 7,732,000 | 16,283,000 | 25,282,000 | 34,136,000 |
| Interest expense | 1,379,000 | 3,084,000 | 4,967,000 | 6,414,000 |
| Net interest income | 6,353,000 | 13,199,000 | 20,315,000 | 27,722,000 |
| Noninterest income | 311,000 | 931,000 | 1,292,000 | 1,924,000 |
| Noninterest expense | 3,976,000 | 7,915,000 | 12,165,000 | 16,156,000 |
| Provision for loan losses | 297,000 | 666,000 | 1,035,000 | 1,404,000 |
| Pretax income | 2,419,000 | 5,825,000 | 8,900,000 | 12,583,000 |
| Income tax | -550,000 | 278,000 | 1,088,000 | 2,091,000 |
| Net income | 2,969,000 | 5,547,000 | 7,812,000 | 10,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,921,000 | 89,718,000 | 92,200,000 | 95,089,000 |
| Total capital | 94,282,000 | 97,481,000 | 100,377,000 | 103,642,000 |
| Risk-weighted assets | 695,911,000 | 733,892,000 | 742,038,000 | 789,868,000 |