Call reports 2002
VALLEY STATE BANK, THE — 2002
What VALLEY STATE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 40,210,000 | 40,191,000 | 41,103,000 | 40,845,000 |
| Total loans | 32,983,000 | 31,526,000 | 31,404,000 | 30,482,000 |
| Allowance for loan losses | 164,000 | 165,000 | 171,000 | 163,000 |
| Securities available for sale | 4,113,000 | 4,566,000 | 4,568,000 | 4,259,000 |
| Securities held to maturity | 1,097,000 | 873,000 | 867,000 | 609,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,860,000 | 37,189,000 | 38,005,000 | 37,666,000 |
| Interest-bearing deposits | 33,197,000 | 33,571,000 | 34,874,000 | 33,126,000 |
| Noninterest-bearing deposits | 3,663,000 | 3,618,000 | 3,131,000 | 4,540,000 |
| Equity capital | 2,707,000 | 2,762,000 | 2,816,000 | 2,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 755,000 | 1,496,000 | 2,277,000 | 3,125,000 |
| Interest expense | 434,000 | 836,000 | 1,243,000 | 1,625,000 |
| Net interest income | 321,000 | 660,000 | 1,034,000 | 1,500,000 |
| Noninterest income | 20,000 | 42,000 | 67,000 | 91,000 |
| Noninterest expense | 303,000 | 607,000 | 916,000 | 1,202,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 23,000 | 65,000 | 140,000 | 329,000 |
| Income tax | 5,000 | 18,000 | 47,000 | 123,000 |
| Net income | 18,000 | 47,000 | 93,000 | 206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,447,000 | 2,483,000 | 2,539,000 | 2,660,000 |
| Total capital | 2,611,000 | 2,648,000 | 2,710,000 | 2,823,000 |
| Risk-weighted assets | 30,683,000 | 29,927,000 | 29,329,000 | 28,445,000 |