Call reports 2008
VALOR BANK — 2008
What VALOR BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 25,612,000 | 26,894,000 | 25,274,000 | 25,552,000 |
| Total loans | 17,402,000 | 16,180,000 | 16,227,000 | 17,292,000 |
| Allowance for loan losses | 203,000 | 193,000 | 228,000 | 260,000 |
| Securities available for sale | 5,270,000 | 5,157,000 | 6,446,000 | 6,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,175,000 | 24,568,000 | 22,705,000 | 22,249,000 |
| Interest-bearing deposits | 19,062,000 | 19,605,000 | 18,957,000 | 18,482,000 |
| Noninterest-bearing deposits | 4,113,000 | 4,963,000 | 3,748,000 | 3,767,000 |
| Equity capital | 1,989,000 | 1,899,000 | 2,146,000 | 2,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 419,000 | 826,000 | 1,229,000 | 1,640,000 |
| Interest expense | 172,000 | 321,000 | 459,000 | 590,000 |
| Net interest income | 247,000 | 505,000 | 770,000 | 1,050,000 |
| Noninterest income | 40,000 | 81,000 | 123,000 | 160,000 |
| Noninterest expense | 200,000 | 408,000 | 611,000 | 839,000 |
| Provision for loan losses | 0 | 0 | 0 | 40,000 |
| Pretax income | 94,000 | 190,000 | 294,000 | 343,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 94,000 | 190,000 | 294,000 | 343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,914,000 | 1,987,000 | 2,066,000 | 1,945,000 |
| Total capital | 2,117,000 | 2,180,000 | 2,267,000 | 2,161,000 |
| Risk-weighted assets | 17,120,000 | 16,589,000 | 16,072,000 | 17,219,000 |