Call reports 2024
MIDDLETOWN VALLEY BANK — 2024
What MIDDLETOWN VALLEY 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 | 1,064,387,000 | 1,091,076,000 | 1,098,257,000 | 1,020,204,000 |
| Total loans | 832,048,000 | 845,783,000 | 852,131,000 | 852,701,000 |
| Allowance for loan losses | 8,033,000 | 8,187,000 | 8,168,000 | 8,279,000 |
| Securities available for sale | 40,268,000 | 39,519,000 | 43,804,000 | 40,372,000 |
| Securities held to maturity | 95,152,000 | 93,944,000 | 92,559,000 | 91,484,000 |
| Trading assets | 61,000 | 64,000 | 88,000 | 28,000 |
| Total deposits | 906,275,000 | 931,093,000 | 933,543,000 | 908,453,000 |
| Interest-bearing deposits | 657,650,000 | 675,247,000 | 678,989,000 | 649,178,000 |
| Noninterest-bearing deposits | 248,625,000 | 255,846,000 | 254,554,000 | 259,275,000 |
| Equity capital | 87,409,000 | 88,853,000 | 92,400,000 | 90,980,000 |
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 | 12,821,000 | 26,357,000 | 40,298,000 | 53,712,000 |
| Interest expense | 5,375,000 | 11,007,000 | 16,845,000 | 21,849,000 |
| Net interest income | 7,446,000 | 15,350,000 | 23,453,000 | 31,863,000 |
| Noninterest income | 975,000 | 1,812,000 | 2,956,000 | 4,034,000 |
| Noninterest expense | 5,986,000 | 12,187,000 | 18,329,000 | 24,575,000 |
| Provision for loan losses | 316,000 | 467,000 | 454,000 | 571,000 |
| Pretax income | 2,167,000 | 4,539,000 | 7,652,000 | 10,273,000 |
| Income tax | 486,000 | 1,072,000 | 1,858,000 | 2,502,000 |
| Net income | 1,681,000 | 3,467,000 | 5,794,000 | 7,771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,146,000 | 95,402,000 | 97,801,000 | 96,253,000 |
| Total capital | 102,685,000 | 104,113,000 | 106,498,000 | 105,124,000 |
| Risk-weighted assets | 785,529,000 | 796,524,000 | 797,317,000 | 794,383,000 |