Call reports 2006
VALLEY STATE BANK, THE — 2006
What VALLEY STATE BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 33,108,000 | 36,899,000 | 38,438,000 | 37,853,000 |
| Total loans | 21,632,000 | 25,626,000 | 27,705,000 | 27,375,000 |
| Allowance for loan losses | 198,000 | 199,000 | 199,000 | 199,000 |
| Securities available for sale | 7,662,000 | 7,401,000 | 6,556,000 | 6,269,000 |
| Securities held to maturity | 1,973,000 | 1,961,000 | 1,925,000 | 2,479,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,203,000 | 25,639,000 | 26,995,000 | 29,317,000 |
| Interest-bearing deposits | 22,209,000 | 21,183,000 | 21,873,000 | 23,704,000 |
| Noninterest-bearing deposits | 3,994,000 | 4,456,000 | 5,122,000 | 5,613,000 |
| Equity capital | 3,215,000 | 3,183,000 | 3,358,000 | 3,459,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 544,000 | 1,120,000 | 1,781,000 | 2,496,000 |
| Interest expense | 178,000 | 394,000 | 671,000 | 971,000 |
| Net interest income | 366,000 | 726,000 | 1,110,000 | 1,525,000 |
| Noninterest income | 21,000 | 39,000 | 58,000 | 76,000 |
| Noninterest expense | 285,000 | 580,000 | 886,000 | 1,199,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 185,000 | 282,000 | 402,000 |
| Income tax | 4,000 | 3,000 | 12,000 | 17,000 |
| Net income | 98,000 | 182,000 | 270,000 | 385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,137,000 | 3,179,000 | 3,252,000 | 3,349,000 |
| Total capital | 3,335,000 | 3,378,000 | 3,451,000 | 3,548,000 |
| Risk-weighted assets | 24,074,000 | 27,549,000 | 28,137,000 | 29,106,000 |