Call reports 2003
VALLEY STATE BANK, THE — 2003
What VALLEY STATE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 39,736,000 | 40,635,000 | 38,906,000 | 36,716,000 |
| Total loans | 30,438,000 | 32,186,000 | 27,670,000 | 25,909,000 |
| Allowance for loan losses | 162,000 | 162,000 | 177,000 | 164,000 |
| Securities available for sale | 4,639,000 | 4,337,000 | 4,358,000 | 4,343,000 |
| Securities held to maturity | 2,087,000 | 1,799,000 | 1,645,000 | 1,386,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,533,000 | 36,027,000 | 35,278,000 | 33,127,000 |
| Interest-bearing deposits | 32,601,000 | 31,241,000 | 31,001,000 | 28,352,000 |
| Noninterest-bearing deposits | 3,932,000 | 4,786,000 | 4,277,000 | 4,775,000 |
| Equity capital | 2,944,000 | 3,031,000 | 3,064,000 | 3,082,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 761,000 | 1,492,000 | 2,166,000 | 2,761,000 |
| Interest expense | 339,000 | 639,000 | 935,000 | 1,200,000 |
| Net interest income | 422,000 | 853,000 | 1,231,000 | 1,561,000 |
| Noninterest income | 20,000 | 46,000 | 83,000 | 88,000 |
| Noninterest expense | 304,000 | 605,000 | 933,000 | 1,218,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 123,000 | 264,000 | 336,000 | 371,000 |
| Income tax | 46,000 | 99,000 | 126,000 | 138,000 |
| Net income | 77,000 | 165,000 | 210,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,694,000 | 2,791,000 | 2,845,000 | 2,876,000 |
| Total capital | 2,856,000 | 2,953,000 | 3,022,000 | 3,040,000 |
| Risk-weighted assets | 28,186,000 | 29,113,000 | 26,912,000 | 25,428,000 |
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