Call reports 2004
MOUNTAIN VALLEY BANK — 2004
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 12,516,000 | 15,722,000 | 26,671,000 | 32,129,000 |
| Total loans | 5,285,000 | 5,352,000 | 17,692,000 | 25,978,000 |
| Allowance for loan losses | 45,000 | 123,000 | 124,000 | 141,000 |
| Securities available for sale | 4,302,000 | 4,781,000 | 1,292,000 | 1,287,000 |
| Securities held to maturity | 502,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,362,000 | 11,450,000 | 19,810,000 | 23,694,000 |
| Interest-bearing deposits | 7,587,000 | 7,065,000 | 13,020,000 | 16,443,000 |
| Noninterest-bearing deposits | 3,775,000 | 4,385,000 | 6,790,000 | 7,251,000 |
| Equity capital | 1,135,000 | 4,092,000 | 4,657,000 | 5,599,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 126,000 | 7,000 | 338,000 | 857,000 |
| Interest expense | 23,000 | 2,000 | 38,000 | 118,000 |
| Net interest income | 103,000 | 5,000 | 300,000 | 739,000 |
| Noninterest income | 20,000 | 1,000 | 20,000 | 55,000 |
| Noninterest expense | 124,000 | 23,000 | 592,000 | 1,165,000 |
| Provision for loan losses | 2,000 | 0 | 28,000 | 52,000 |
| Pretax income | -3,000 | -17,000 | -300,000 | -423,000 |
| Income tax | 0 | -6,000 | -104,000 | -148,000 |
| Net income | -3,000 | -11,000 | -196,000 | -275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,123,000 | 3,593,000 | 4,161,000 | 5,116,000 |
| Total capital | 1,168,000 | 3,683,000 | 4,285,000 | 5,257,000 |
| Risk-weighted assets | 5,573,000 | 6,377,000 | 19,309,000 | 27,614,000 |