Call reports 2024
SPRING VALLEY BANK — 2024
What SPRING VALLEY BANK 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 | 96,834,000 | 101,156,000 | 107,926,000 | 105,287,000 |
| Total loans | 82,848,000 | 87,893,000 | 95,687,000 | 91,680,000 |
| Allowance for loan losses | 387,000 | 316,000 | 335,000 | 432,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,212,000 | 61,331,000 | 61,399,000 | 59,535,000 |
| Interest-bearing deposits | 53,461,000 | 55,878,000 | 56,059,000 | 53,442,000 |
| Noninterest-bearing deposits | 5,751,000 | 5,453,000 | 5,340,000 | 6,093,000 |
| Equity capital | 35,261,000 | 35,724,000 | 36,777,000 | 37,560,000 |
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 | 1,865,000 | 3,711,000 | 5,858,000 | 8,011,000 |
| Interest expense | 508,000 | 1,023,000 | 1,626,000 | 2,295,000 |
| Net interest income | 1,357,000 | 2,688,000 | 4,232,000 | 5,716,000 |
| Noninterest income | 41,000 | 56,000 | 71,000 | 91,000 |
| Noninterest expense | 486,000 | 1,092,000 | 1,580,000 | 2,205,000 |
| Provision for loan losses | -41,000 | -112,000 | -93,000 | 4,000 |
| Pretax income | 953,000 | 1,764,000 | 2,816,000 | 3,598,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 953,000 | 1,764,000 | 2,816,000 | 3,598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,261,000 | 35,724,000 | 36,777,000 | 37,560,000 |