Call reports 2003
MOUNTAIN VALLEY BANK — 2003
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 12,100,000 | 12,055,000 | 12,501,000 | 12,776,000 |
| Total loans | 5,084,000 | 5,400,000 | 5,680,000 | 5,280,000 |
| Allowance for loan losses | 52,000 | 48,000 | 48,000 | 46,000 |
| Securities available for sale | 2,094,000 | 3,095,000 | 2,090,000 | 792,000 |
| Securities held to maturity | 2,799,000 | 799,000 | 1,796,000 | 1,800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,941,000 | 10,902,000 | 11,355,000 | 11,632,000 |
| Interest-bearing deposits | 7,262,000 | 7,151,000 | 6,950,000 | 7,510,000 |
| Noninterest-bearing deposits | 3,679,000 | 3,751,000 | 4,405,000 | 4,122,000 |
| Equity capital | 1,144,000 | 1,137,000 | 1,122,000 | 1,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 131,000 | 261,000 | 391,000 | 522,000 |
| Interest expense | 31,000 | 62,000 | 88,000 | 111,000 |
| Net interest income | 100,000 | 199,000 | 303,000 | 411,000 |
| Noninterest income | 20,000 | 41,000 | 69,000 | 97,000 |
| Noninterest expense | 131,000 | 258,000 | 399,000 | 530,000 |
| Provision for loan losses | 8,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | -19,000 | -27,000 | -36,000 | -31,000 |
| Income tax | -3,000 | -4,000 | -5,000 | -7,000 |
| Net income | -16,000 | -23,000 | -42,000 | -35,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,145,000 | 1,137,000 | 1,118,000 | 1,125,000 |
| Total capital | 1,197,000 | 1,185,000 | 1,166,000 | 1,171,000 |
| Risk-weighted assets | 5,480,000 | 5,980,000 | 6,127,000 | 6,102,000 |