Call reports 2023
SPRING VALLEY BANK — 2023
What SPRING VALLEY BANK 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 | 87,195,000 | 86,780,000 | 90,211,000 | 93,422,000 |
| Total loans | 81,567,000 | 81,904,000 | 82,689,000 | 82,970,000 |
| Allowance for loan losses | 442,000 | 444,000 | 445,000 | 447,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,100,000 | 51,154,000 | 53,963,000 | 56,505,000 |
| Interest-bearing deposits | 42,164,000 | 45,023,000 | 47,449,000 | 50,418,000 |
| Noninterest-bearing deposits | 7,936,000 | 6,131,000 | 6,514,000 | 6,087,000 |
| Equity capital | 33,248,000 | 33,291,000 | 33,376,000 | 34,353,000 |
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 | 1,486,000 | 3,030,000 | 4,660,000 | 6,397,000 |
| Interest expense | 301,000 | 640,000 | 1,055,000 | 1,524,000 |
| Net interest income | 1,185,000 | 2,390,000 | 3,605,000 | 4,873,000 |
| Noninterest income | 12,000 | 25,000 | 35,000 | 41,000 |
| Noninterest expense | 562,000 | 985,000 | 1,449,000 | 1,830,000 |
| Provision for loan losses | -16,000 | -14,000 | -13,000 | -11,000 |
| Pretax income | 651,000 | 1,444,000 | 2,204,000 | 3,095,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 651,000 | 1,444,000 | 2,204,000 | 3,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,248,000 | 33,291,000 | 33,376,000 | 34,353,000 |