Call reports 2021
VALOR BANK — 2021
What VALOR BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 151,692,000 | 165,588,000 | 182,802,000 | 195,384,000 |
| Total loans | 108,445,000 | 111,924,000 | 123,255,000 | 135,562,000 |
| Allowance for loan losses | 748,000 | 842,000 | 936,000 | 1,065,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,860,000 | 152,367,000 | 168,151,000 | 179,790,000 |
| Interest-bearing deposits | 127,923,000 | 142,656,000 | 145,601,000 | 155,987,000 |
| Noninterest-bearing deposits | 8,937,000 | 9,711,000 | 22,550,000 | 23,803,000 |
| Equity capital | 11,635,000 | 12,794,000 | 14,232,000 | 15,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,452,000 | 2,932,000 | 4,530,000 | 6,344,000 |
| Interest expense | 335,000 | 666,000 | 988,000 | 1,274,000 |
| Net interest income | 1,117,000 | 2,266,000 | 3,542,000 | 5,070,000 |
| Noninterest income | 1,585,000 | 2,975,000 | 4,304,000 | 5,496,000 |
| Noninterest expense | 1,702,000 | 3,488,000 | 5,274,000 | 7,240,000 |
| Provision for loan losses | 2,000 | 96,000 | 190,000 | 319,000 |
| Pretax income | 998,000 | 1,657,000 | 2,382,000 | 3,007,000 |
| Income tax | 48,000 | 81,000 | 115,000 | 144,000 |
| Net income | 950,000 | 1,576,000 | 2,267,000 | 2,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,635,000 | 12,794,000 | 14,232,000 | 15,258,000 |
| Total capital | 12,383,000 | 13,636,000 | 15,168,000 | 16,323,000 |
| Risk-weighted assets | 87,029,000 | 86,751,000 | 94,127,000 | 107,004,000 |