Call reports 2024
VALOR BANK — 2024
What VALOR BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 248,258,000 | 251,455,000 | 264,158,000 | 268,447,000 |
| Total loans | 213,907,000 | 214,039,000 | 228,777,000 | 233,093,000 |
| Allowance for loan losses | 1,845,000 | 1,879,000 | 2,028,000 | 1,984,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,250,000 | 229,671,000 | 235,043,000 | 236,612,000 |
| Interest-bearing deposits | 193,282,000 | 208,391,000 | 211,275,000 | 212,115,000 |
| Noninterest-bearing deposits | 27,968,000 | 21,280,000 | 23,768,000 | 24,497,000 |
| Equity capital | 19,425,000 | 19,938,000 | 20,425,000 | 21,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,130,000 | 8,415,000 | 12,979,000 | 17,672,000 |
| Interest expense | 1,952,000 | 3,955,000 | 6,115,000 | 8,260,000 |
| Net interest income | 2,178,000 | 4,460,000 | 6,864,000 | 9,412,000 |
| Noninterest income | 609,000 | 1,477,000 | 2,172,000 | 2,854,000 |
| Noninterest expense | 1,872,000 | 3,901,000 | 5,781,000 | 7,746,000 |
| Provision for loan losses | 50,000 | 84,000 | 233,000 | 323,000 |
| Pretax income | 889,000 | 1,919,000 | 3,020,000 | 4,195,000 |
| Income tax | 43,000 | 91,000 | 142,000 | 196,000 |
| Net income | 846,000 | 1,828,000 | 2,878,000 | 3,999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,533,000 | 20,045,000 | 20,533,000 | 21,435,000 |
| Total capital | 21,424,000 | 22,027,000 | 22,633,000 | 23,491,000 |
| Risk-weighted assets | 171,276,000 | 173,642,000 | 183,848,000 | 186,138,000 |