Call reports 2023
MIDDLETOWN VALLEY BANK — 2023
What MIDDLETOWN VALLEY 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 | 936,577,000 | 974,307,000 | 995,638,000 | 988,590,000 |
| Total loans | 759,315,000 | 798,855,000 | 800,914,000 | 814,584,000 |
| Allowance for loan losses | 7,856,000 | 8,113,000 | 7,337,000 | 7,742,000 |
| Securities available for sale | 43,143,000 | 41,461,000 | 39,917,000 | 40,927,000 |
| Securities held to maturity | 99,914,000 | 98,497,000 | 97,217,000 | 96,112,000 |
| Trading assets | 31,000 | 43,000 | 31,000 | 33,000 |
| Total deposits | 818,894,000 | 854,584,000 | 891,439,000 | 880,118,000 |
| Interest-bearing deposits | 567,268,000 | 609,779,000 | 642,300,000 | 618,567,000 |
| Noninterest-bearing deposits | 251,626,000 | 244,805,000 | 249,139,000 | 261,551,000 |
| Equity capital | 82,458,000 | 82,993,000 | 83,831,000 | 85,611,000 |
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 | 10,189,000 | 20,492,000 | 31,598,000 | 43,508,000 |
| Interest expense | 3,006,000 | 6,948,000 | 11,520,000 | 16,444,000 |
| Net interest income | 7,183,000 | 13,544,000 | 20,078,000 | 27,064,000 |
| Noninterest income | 709,000 | 1,513,000 | 2,354,000 | 3,102,000 |
| Noninterest expense | 6,052,000 | 11,868,000 | 17,931,000 | 23,851,000 |
| Provision for loan losses | -345,000 | -70,000 | -849,000 | -447,000 |
| Pretax income | 2,184,000 | 3,368,000 | 5,523,000 | 7,062,000 |
| Income tax | 528,000 | 789,000 | 1,324,000 | 1,675,000 |
| Net income | 1,656,000 | 2,579,000 | 4,199,000 | 5,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,985,000 | 90,951,000 | 92,147,000 | 92,519,000 |
| Total capital | 98,600,000 | 99,810,000 | 100,166,000 | 100,816,000 |
| Risk-weighted assets | 731,858,000 | 760,814,000 | 758,359,000 | 769,465,000 |