Call reports 2023
VALLEY BANK OF RONAN — 2023
What VALLEY BANK OF RONAN reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 166,229,000 | 160,891,000 | 165,104,000 | 169,590,000 |
| Total loans | 106,539,000 | 113,416,000 | 117,070,000 | 117,628,000 |
| Allowance for loan losses | 1,682,000 | 1,718,000 | 1,767,000 | 1,878,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 27,785,000 | 27,077,000 | 26,163,000 | 25,546,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,915,000 | 143,375,000 | 147,527,000 | 153,334,000 |
| Interest-bearing deposits | 77,037,000 | 71,201,000 | 71,765,000 | 76,719,000 |
| Noninterest-bearing deposits | 73,878,000 | 72,175,000 | 75,762,000 | 76,615,000 |
| Equity capital | 14,928,000 | 15,389,000 | 15,857,000 | 16,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,906,000 | 3,812,000 | 5,787,000 | 8,062,000 |
| Interest expense | 16,000 | 42,000 | 159,000 | 329,000 |
| Net interest income | 1,890,000 | 3,770,000 | 5,628,000 | 7,733,000 |
| Noninterest income | 192,000 | 375,000 | 588,000 | 771,000 |
| Noninterest expense | 1,371,000 | 2,758,000 | 4,171,000 | 5,658,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 110,000 |
| Pretax income | 691,000 | 1,337,000 | 1,965,000 | 2,736,000 |
| Income tax | 180,000 | 365,000 | 525,000 | 697,000 |
| Net income | 511,000 | 972,000 | 1,440,000 | 2,039,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,645,000 | 15,102,000 | 15,580,000 | 15,740,000 |
| Total capital | 16,270,000 | 16,820,000 | 17,330,000 | 17,514,000 |
| Risk-weighted assets | 129,681,000 | 145,019,000 | 139,949,000 | 141,818,000 |