Call reports 2004
VALLEY STATE BANK, THE — 2004
What VALLEY STATE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 35,768,000 | 37,275,000 | 37,192,000 | 45,271,000 |
| Total loans | 26,217,000 | 28,848,000 | 28,551,000 | 19,501,000 |
| Allowance for loan losses | 181,000 | 200,000 | 201,000 | 202,000 |
| Securities available for sale | 5,543,000 | 5,173,000 | 5,184,000 | 6,033,000 |
| Securities held to maturity | 1,026,000 | 1,466,000 | 1,410,000 | 1,231,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,242,000 | 31,861,000 | 31,438,000 | 41,859,000 |
| Interest-bearing deposits | 27,919,000 | 27,718,000 | 26,838,000 | 35,897,000 |
| Noninterest-bearing deposits | 4,323,000 | 4,143,000 | 4,600,000 | 5,962,000 |
| Equity capital | 3,086,000 | 3,082,000 | 3,209,000 | 3,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 590,000 | 1,213,000 | 1,830,000 | 2,447,000 |
| Interest expense | 239,000 | 470,000 | 699,000 | 915,000 |
| Net interest income | 351,000 | 743,000 | 1,131,000 | 1,532,000 |
| Noninterest income | 20,000 | 46,000 | 67,000 | 88,000 |
| Noninterest expense | 292,000 | 605,000 | 892,000 | 1,190,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 64,000 | 154,000 | 276,000 | 400,000 |
| Income tax | -46,000 | -43,000 | -38,000 | -32,000 |
| Net income | 110,000 | 197,000 | 314,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,893,000 | 2,915,000 | 3,040,000 | 3,116,000 |
| Total capital | 3,074,000 | 3,115,000 | 3,241,000 | 3,318,000 |
| Risk-weighted assets | 25,635,000 | 27,897,000 | 27,917,000 | 23,831,000 |