Call reports 2020
VALOR BANK — 2020
What VALOR BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 100,746,000 | 118,539,000 | 127,398,000 | 138,961,000 |
| Total loans | 89,614,000 | 100,079,000 | 120,056,000 | 105,797,000 |
| Allowance for loan losses | 677,000 | 716,000 | 746,000 | 746,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,683,000 | 105,635,000 | 109,418,000 | 124,189,000 |
| Interest-bearing deposits | 87,204,000 | 98,214,000 | 102,752,000 | 117,490,000 |
| Noninterest-bearing deposits | 4,479,000 | 7,421,000 | 6,666,000 | 6,699,000 |
| Equity capital | 8,677,000 | 9,038,000 | 9,524,000 | 10,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,289,000 | 2,680,000 | 4,122,000 | 5,585,000 |
| Interest expense | 456,000 | 891,000 | 1,271,000 | 1,624,000 |
| Net interest income | 833,000 | 1,789,000 | 2,851,000 | 3,961,000 |
| Noninterest income | 658,000 | 1,718,000 | 2,787,000 | 5,188,000 |
| Noninterest expense | 1,106,000 | 2,493,000 | 3,912,000 | 5,939,000 |
| Provision for loan losses | 43,000 | 82,000 | 111,000 | 111,000 |
| Pretax income | 342,000 | 932,000 | 1,615,000 | 3,099,000 |
| Income tax | 17,000 | 23,000 | 55,000 | 126,000 |
| Net income | 325,000 | 909,000 | 1,560,000 | 2,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,677,000 | 9,038,000 | 9,524,000 | 10,839,000 |
| Total capital | 9,354,000 | 9,754,000 | 10,270,000 | 11,585,000 |
| Risk-weighted assets | 72,776,000 | 75,714,000 | 85,446,000 | 81,766,000 |