Call reports 2023
VALOR BANK — 2023
What VALOR BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 205,694,000 | 214,028,000 | 228,211,000 | 243,174,000 |
| Total loans | 180,235,000 | 191,944,000 | 202,376,000 | 209,527,000 |
| Allowance for loan losses | 1,506,000 | 1,616,000 | 1,733,000 | 1,798,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,230,000 | 190,080,000 | 197,173,000 | 209,343,000 |
| Interest-bearing deposits | 161,427,000 | 168,559,000 | 171,966,000 | 186,089,000 |
| Noninterest-bearing deposits | 23,803,000 | 21,521,000 | 25,207,000 | 23,254,000 |
| Equity capital | 17,618,000 | 17,664,000 | 17,986,000 | 18,719,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,971,000 | 6,242,000 | 9,878,000 | 13,890,000 |
| Interest expense | 944,000 | 2,105,000 | 3,591,000 | 5,410,000 |
| Net interest income | 2,027,000 | 4,137,000 | 6,287,000 | 8,480,000 |
| Noninterest income | 554,000 | 1,297,000 | 1,838,000 | 2,329,000 |
| Noninterest expense | 1,711,000 | 3,576,000 | 5,378,000 | 7,145,000 |
| Provision for loan losses | 20,000 | 130,000 | 248,000 | 313,000 |
| Pretax income | 847,000 | 1,707,000 | 2,483,000 | 3,363,000 |
| Income tax | 50,000 | 63,000 | 97,000 | 135,000 |
| Net income | 797,000 | 1,644,000 | 2,386,000 | 3,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,779,000 | 17,825,000 | 18,147,000 | 18,880,000 |
| Total capital | 19,314,000 | 19,488,000 | 19,922,000 | 20,692,000 |
| Risk-weighted assets | 146,291,000 | 154,159,000 | 162,920,000 | 167,329,000 |