Call reports 2008
MOUNTAIN VALLEY BANK — 2008
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 119,544,000 | 130,784,000 | 129,485,000 | 129,832,000 |
| Total loans | 102,130,000 | 110,962,000 | 115,458,000 | 119,203,000 |
| Allowance for loan losses | 1,239,000 | 1,174,000 | 1,288,000 | 1,389,000 |
| Securities available for sale | 6,455,000 | 5,967,000 | 6,018,000 | 2,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,602,000 | 113,183,000 | 110,843,000 | 109,993,000 |
| Interest-bearing deposits | 87,766,000 | 92,208,000 | 86,722,000 | 92,915,000 |
| Noninterest-bearing deposits | 16,836,000 | 20,975,000 | 24,121,000 | 17,078,000 |
| Equity capital | 11,733,000 | 11,937,000 | 12,117,000 | 12,173,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,089,000 | 4,221,000 | 6,311,000 | 8,352,000 |
| Interest expense | 868,000 | 1,649,000 | 2,376,000 | 3,059,000 |
| Net interest income | 1,221,000 | 2,572,000 | 3,935,000 | 5,293,000 |
| Noninterest income | 211,000 | 447,000 | 674,000 | 972,000 |
| Noninterest expense | 927,000 | 2,022,000 | 3,203,000 | 4,516,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 385,000 | 757,000 | 1,046,000 | 1,269,000 |
| Income tax | 125,000 | 252,000 | 345,000 | 437,000 |
| Net income | 260,000 | 505,000 | 701,000 | 832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,390,000 | 11,644,000 | 11,893,000 | 12,024,000 |
| Total capital | 12,629,000 | 12,818,000 | 13,181,000 | 13,413,000 |
| Risk-weighted assets | 106,304,000 | 115,215,000 | 119,401,000 | 121,656,000 |