Call reports 2024
VALLEY BANK OF RONAN — 2024
What VALLEY BANK OF RONAN reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 170,072,000 | 169,775,000 | 173,919,000 | 184,817,000 |
| Total loans | 120,397,000 | 124,198,000 | 128,716,000 | 127,700,000 |
| Allowance for loan losses | 2,007,000 | 2,044,000 | 2,131,000 | 2,158,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 24,706,000 | 24,102,000 | 23,274,000 | 22,219,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,952,000 | 152,470,000 | 156,172,000 | 166,994,000 |
| Interest-bearing deposits | 81,467,000 | 81,086,000 | 84,090,000 | 91,941,000 |
| Noninterest-bearing deposits | 71,485,000 | 71,384,000 | 72,082,000 | 75,053,000 |
| Equity capital | 16,612,000 | 17,045,000 | 17,488,000 | 17,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,229,000 | 4,473,000 | 6,807,000 | 9,283,000 |
| Interest expense | 246,000 | 596,000 | 1,003,000 | 1,448,000 |
| Net interest income | 1,983,000 | 3,877,000 | 5,804,000 | 7,835,000 |
| Noninterest income | 206,000 | 418,000 | 640,000 | 885,000 |
| Noninterest expense | 1,482,000 | 2,939,000 | 4,454,000 | 6,063,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 677,000 | 1,296,000 | 1,900,000 | 2,537,000 |
| Income tax | 71,000 | 257,000 | 418,000 | 512,000 |
| Net income | 606,000 | 1,039,000 | 1,482,000 | 2,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,159,000 | 16,602,000 | 17,056,000 | 17,149,000 |
| Total capital | 17,935,000 | 18,538,000 | 18,931,000 | 18,739,000 |
| Risk-weighted assets | 141,851,000 | 154,784,000 | 149,818,000 | 126,640,000 |