Call reports 2017
VALOR BANK — 2017
What VALOR BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 53,712,000 | 62,563,000 | 63,523,000 | 72,295,000 |
| Total loans | 45,170,000 | 56,525,000 | 55,817,000 | 64,294,000 |
| Allowance for loan losses | 285,000 | 396,000 | 437,000 | 478,000 |
| Securities available for sale | 1,822,000 | 1,824,000 | 1,712,000 | 1,529,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,906,000 | 52,556,000 | 57,858,000 | 60,697,000 |
| Interest-bearing deposits | 41,890,000 | 43,839,000 | 49,445,000 | 50,958,000 |
| Noninterest-bearing deposits | 7,016,000 | 8,717,000 | 8,413,000 | 9,739,000 |
| Equity capital | 4,490,000 | 4,911,000 | 5,305,000 | 6,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 591,000 | 1,252,000 | 2,039,000 | 2,933,000 |
| Interest expense | 83,000 | 179,000 | 293,000 | 422,000 |
| Net interest income | 508,000 | 1,073,000 | 1,746,000 | 2,511,000 |
| Noninterest income | 154,000 | 473,000 | 833,000 | 1,110,000 |
| Noninterest expense | 623,000 | 1,340,000 | 2,092,000 | 2,853,000 |
| Provision for loan losses | 9,000 | 119,000 | 159,000 | 260,000 |
| Pretax income | 30,000 | 87,000 | 328,000 | 508,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 30,000 | 87,000 | 328,000 | 508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,439,000 | 4,856,000 | 5,255,000 | 5,999,000 |
| Total capital | 4,724,000 | 5,252,000 | 5,692,000 | 6,477,000 |
| Risk-weighted assets | 40,816,000 | 48,387,000 | 51,157,000 | 57,737,000 |