Call reports 2020
VALLEY BANK OF RONAN — 2020
What VALLEY BANK OF RONAN reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 107,214,000 | 121,211,000 | 129,119,000 | 137,864,000 |
| Total loans | 65,237,000 | 72,487,000 | 72,344,000 | 69,084,000 |
| Allowance for loan losses | 1,009,000 | 1,098,000 | 999,000 | 1,069,000 |
| Securities available for sale | 968,000 | 1,344,000 | 2,050,000 | 1,862,000 |
| Securities held to maturity | 5,106,000 | 1,107,000 | 1,106,000 | 1,106,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,296,000 | 108,838,000 | 116,470,000 | 125,245,000 |
| Interest-bearing deposits | 55,286,000 | 59,092,000 | 63,928,000 | 66,145,000 |
| Noninterest-bearing deposits | 40,010,000 | 49,746,000 | 52,542,000 | 59,100,000 |
| Equity capital | 11,693,000 | 12,210,000 | 12,516,000 | 12,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,219,000 | 2,465,000 | 3,824,000 | 5,292,000 |
| Interest expense | 30,000 | 52,000 | 71,000 | 88,000 |
| Net interest income | 1,189,000 | 2,413,000 | 3,753,000 | 5,204,000 |
| Noninterest income | 165,000 | 649,000 | 833,000 | 676,000 |
| Noninterest expense | 1,100,000 | 2,171,000 | 3,269,000 | 4,385,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 239,000 | 861,000 | 1,272,000 | 1,435,000 |
| Income tax | 67,000 | 172,000 | 277,000 | 358,000 |
| Net income | 172,000 | 689,000 | 995,000 | 1,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,304,000 | 11,832,000 | 12,149,000 | 11,984,000 |
| Total capital | 12,119,000 | 12,418,000 | 13,087,000 | — |
| Risk-weighted assets | 65,017,000 | 76,631,000 | 75,006,000 | — |